I am so thankful for those that serve my community, and here is a program to help pay it forward for their service.
This program is for POLICE OFFICERS, FIRE FIGHTERS, EMS, AND TEACHERS.
It is for FIRST TIME HOMEBUYERS. In York County, a first time homebuyer is designated as someone who has not owned a home within the past 3 years.
This down payment assistance is used in conjunction with an FHA loan.
- The down payment assistance available is $7,000.
- To qualify for the Forgivable down payment option, a 1 person household’s income in YORK County cannot exceed $37,250 and $42,550 for a 2 person household.
- Must live in the home 5 years in order for the loan to be completely forgiven.
- The Home price is up to $208,000 in YORK county.
- 640 minimum credit score
- The interest rate is 5.125% on a 30 yr fixed rate.
Call me or email me for more information on this program. sharon@SharonSellsCarolina.com
