Brentwood Press - Index

Brentwood Press - DiscoveryBayPress_05.16.08 - Index

ATTENTION HOMEBUYERS
YOU MAY QUALIFY FOR A NEWLY INTRODUCED HOME PURCHASE FINANCING PROGRAM.
THE 2008 HOME BUYER STIMULUS PROGRAM combines Federal Housing Administration
qualification standards with private and non-profit funding sources that significantly
reduce down payment and closing costs to provide home buying opportunities in
today’s difficult lending environment.
2008 HOMEBUYER
STIMULUS PROGRAM
Program Features:
• 100% Financing; Low, 30-year Fixed Rate Mortgage
• $500 Total Buyer Contribution
• No Additional Down Payment
or Closing Costs Required
• Flexible Qualification Standards
• Reduced Purchase Price on Select Homes
HSP
2008
Program Requirements:
• Owner Occupied Primary Residence
(Co-Borrowers Allowed)
• Contra Costa/Alameda County Residents
• Maximum Annual Income $120,000
• Valid Social Security Number & Credit Score
• Borrower Education Session
A Limited Number of Stimulus Program Loans Will Be Available Beginning May 2008
For program details visit:
www.2008HSP.us