MORTGAGE PAYMENT ASSISTANCE*
YOU CAN NEGOTIATE FUNDS FROM THE SELLER THROUGH A THIRD
PARTY, HELP YOU BUY, INC.
The first year or so
after the purchase of a home is often a financial challenge. Many homebuyers are
for the first time making a mortgage payment. This is a potentially difficult
transition period for those used to an often much lower rental payment.
Additionally, at the time of the purchase one is confronted with necessary
closing costs.
How can these
financial stressors be alleviated?
With the Mortgage Payment Assistance Program
from HELP YOU BUY,
INC. you have the opportunity to negotiate money from the
seller that is paid to you on a monthly basis over a period between ten and
twenty-four months.
The amount of money available to you is up to 6% of the purchase price - 3% for closing costs plus 3% for mortgage or other assistance.
For example: $500,000 purchase price x 3% = $15,000 for assistance.
These funds are put into a non interest bearing Wells Fargo trust account for you, only the buyers, as beneficiaries.
If there are multiple
buyers, all parties are required to be named on the trust account. The funds are
(FBO) for the benefit of the named beneficiaries only.
Our preferred lender,
PARAGON GROUP MORTGAGE
INC. will assist you in every detail.
*Not all loans qualify. Please consult with your lender.
