ISRAEL SALAS, LOAN OFFICER
MANUEL REYES, LOAN OFFICER ASSISTANT
Dream House Foundation saw the struggles that today’s homeowners deal with and in effort to serve the community, Dream House Foundation wanted to give families and individuals a chance to own a home. Dream House Foundation created a unique 3.5% Grant Down Payment Assistance Program for all qualified FHA Home Buyers.
Dream House Foundation, is passionate about the community and our program helps potential home buyers with down payment assistance, allowing home ownership to a wider audience of buyers from diverse communities. Dream House Foundation saw a void in the market and is poised to capitalize on this opportunity, by giving back to communities nationwide.
No Repayment.
No Recapture.
55% DTI
or
DU Approval from the Participating Lender.
620 Minimum Fico Score.
For Down Payment and/or Closing Cost.
No liens on title.
Borrower(s) are automatically eligible for the grant, once approved by the lender.
No silent second mortgage/or second mortgages.
Refinance after 6 months is okay.
Increased in income limits to 140% of the area median income.
1-4 Units are accepted
No liens on title.
High Balance is accepted.
Nationwide Program.
Not limited to first-time home buyers.
Borrower immediately has equity in their property, since this is a grant.
No additional underwriting necessary
