Dream House Down Payment Assistance Program
ISRAEL SALAS, LOAN OFFICER
MANUEL REYES, LOAN OFFICER ASSISTANT

CHAMPIONS MORTGAGE
- ISRAEL SALAS, LOAN OFFICER
- 909-809-8252
- ISRAEL@THESALASLENDINGTEAM.COM
- MANUEL REYES, LOAN OFFICER ASSISTANT
- 714-261-6086
- MANUEL@THESALASLENDINGTEAM.COM

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.
HIGHLIGHTS
TRUE GRANT
No Repayment.
No Recapture.
DTI
55% DTI
or
DU Approval from the Participating Lender.
FICO SCORE
620 Minimum Fico Score.
USES
For Down Payment and/or Closing Cost.
LIENS
No liens on title.
ELIGIBILITY
Borrower(s) are automatically eligible for the grant, once approved by the lender.
HIGHLIGHTS
2ND MORTGAGES
No silent second mortgage/or second mortgages.
REFINANCES
Refinance after 6 months is okay.
INCOME LIMITS
Increased in income limits to 140% of the area median income.
MULTI UNITS
1-4 Units are accepted
LIENS
No liens on title.
HIGH BALANCE
High Balance is accepted.
HIGHLIGHTS
STATES
Nationwide Program.
ELIGIBLE BUYERS
Not limited to first-time home buyers.
EQUITY
Borrower immediately has equity in their property, since this is a grant.
UNDERWRITING
No additional underwriting necessary