Homeownership Just Got Easier: Down Payment Assistance for First-Time Buyers

What is Down Payment Assistance (DPA) and How Does It Work?

Are you dreaming of buying your first home in Miami or South Florida but worried about saving for the down payment? You’re not alone—down payment costs are one of the biggest challenges for first-time buyers. That’s why our new Down Payment Assistance (DPA) program is here to help you make homeownership a reality.

Key Benefits of Our Down Payment Assistance Program

3.5% Down Payment Covered

The DPA covers your required 3.5% down payment as a repayable second lien. This reduces the cash you need at closing, making it easier for you to step into your new home.

FHA Primary Residence

This program is ideal for buyers purchasing their main home in South Florida. It’s designed to support you in finding a place to call your own.

Minimum 620 Credit Score

We understand that not everyone has perfect credit. That’s why our program is designed for buyers with good credit scores starting at 620.

Affordable Repayment

The second lien is paid back over 10 years at a fixed rate, just 2% above your first mortgage. This makes it manageable and affordable for you.

Clear, Educational Process

Every borrower completes a quick informational video before closing. This ensures you know exactly what to expect, making the process smoother and less stressful.

Why Down Payment Assistance Matters for First-Time Buyers

This DPA program empowers you to buy a home sooner, preserve your savings, and move forward with confidence. Whether you’re a first-time buyer or moving up to your next home, this support can help you achieve your homeownership goals in Miami and across South Florida.

Understanding Your Financial Options

Navigating the financial landscape can be daunting. Many first-time buyers feel overwhelmed by the various loan options and assistance programs available. That’s where I come in. I can help you understand your choices and find the best solution for your unique situation.

The Importance of Pre-Approval

Before you start house hunting, getting pre-approved for a mortgage is crucial. It gives you a clear idea of your budget and shows sellers that you’re a serious buyer. I’ll help you through the pre-approval process, ensuring you have all the necessary documents ready.

Finding the Right Home

Once you’re pre-approved, it’s time to find your dream home. I’ll work closely with you to understand your needs and preferences. Whether you’re looking for a cozy condo or a spacious family home, I’m here to help you every step of the way.

Closing the Deal

When you find the perfect home, it’s time to make an offer. I’ll guide you through the negotiation process, ensuring you get the best deal possible. Once your offer is accepted, I’ll help you navigate the closing process, making it as smooth as possible.

Ready to See If You Qualify for Down Payment Assistance?

Let’s connect and explore your options! As a local mortgage expert, I’ll guide you through every step—from pre-approval to closing—so you feel confident and informed. Don’t let the down payment hold you back from owning your dream home.

Contact Me for a Free Consultation:

📞 786-657-6458

📧 Kerby@juliesrealty.net

kerbysellsmiami.com

With the right support, homeownership is within reach. I’m here to help you make your dreams a reality. Together, we can navigate the process and secure the financial assistance you need. Let’s get started today!