Secondary Value & Affordability Gap financing is available to qualifying first time home buyers and families that have found themselves in unfavorable lending terms that have created a hardship on the household.  Receive financing of up to $30,000 with no monthly payments or finance charges for up to 30 years. These loans must be used with acceptable first loan products that don't allow for more than 125% maximum Loan to Value ratios. Loans are to be repaid upon the sale or refinance of a property. Families must agree to participate in long term (2 year) financial literacy programs with extensive case management to qualify. Contact a Budgeting Assessment Coach today to see if you qualify.

Disclaimer: Funds availability, program underwriting standards, enrollment or completion in educational programs and other qualifying guidelines may apply. Build Wealth, MN retains the rights to decline any applicants at its own discretion.

 


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