Up to $8000 toward your first home
$7500 toward down payment and closing costs, plus up to $500 for appraisal**
GET UP TO $8000 TOWARD YOUR FIRST HOME
Don’t let the lack of a big down payment stand in your way of homeownership. If you’re a first-time homebuyer and you currently reside in one of the eligible markets, you may qualify for up to $8000 toward your down payment and closing costs*.
FINANCIAL SUPPORT AND FLEXIBLE LOAN OPTIONS
with the Movement Mortgage Community Assistance Program
AS LITTLE AS 3% DOWN PAYMENT
For example, a $7500 down payment assistance could cover 3% down on a home up to $250,000:
Home price = $250, 000
3% down payment = $7500
Loan amount = $242,500***
COMPETITIVE RATES AND FLEXIBLE LOAN TYPES
Several loan program options to help you navigate the market based on your needs
*Qualification is required. Additional costs and fees not included
**Qualification is required.
***The information on this piece is strictly example purposes only. Qualification is required. Rates may vary. Additional costs and fees may apply.
TO QUALIFY
You must be a first-time homebuyer with no ownership interest in any other properties
The home must be the homebuyer’s primary residence — no second home or investment properties allowed
You must currently be living in one of the following eligible markets^:
Atlanta-Sandy Springs-Alpharetta, GA
Baltimore-Columbia-Towson, MD
Chicago-Naperville-Elgin, IL-IN-WI
Detroit-Warren-Dearborn, MI
Memphis, TN-MS-AR
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
^ Eligibility is determined by the Census Tract location within the MSA. Not all Census Tracts are eligible to participate
THE MOVEMENT MORTGAGE COMMUNITY ASSISTANCE PROGRAM GIVES YOU THE BOOST YOU’VE BEEN WAITING FOR
HELPING FAMILIES BUY HOMES IN HIGH-PRICED AREAS
In the past two years, we’ve seen record-breaking rent increases, large jumps in housing prices and more people than ever being priced out of their own communities. We want to change that. We’re committed to making your dream of homeownership a reality.
SUPPORT BEYOND FINANCIAL ASSISTANCE
We’ll provide the financial boost you need for your first home. We’re also going to teach you about the homebuying process and connect you with people who will serve as your advocates and help you achieve your goals. The tools are here, and we’re going to help you use them.