We were the first ones to bring you 100% Financing. We worked side by side with the Heroes Program and joined the Local Municipalities in an effort to help more borrowers get into their homes.
MCL stepped up to the plate again for our clients!
We are proud to bring Empowered DPA to our qualified borrowers. The down payment assistance is in the form of an immediately forgivable grant, empowering borrowers to make their dream of home ownership a reality.
Program Highlights:
- FHA purchase with 3.5% down payment assistance
- 620 minimum FICO to qualify
- 2% DPA Grant – (1st mortgage only).
- 3.5% DPA Grant – (1st mortgage only).
- Options for NO money out of pocket at closing with Seller Credit
- Both rates have NO cost to the borrower – Par Rate
- No seperate approval process or 2nd Underwrite needed
- Grants are forgivable on day one – NO REPAYMENT/No Second Lien
Questions? We'll Put You On A Right Path!
Buying or refinancing can be a daunting task, let us give you the options that best benefit your needs.