The Welcome Home Program is Back!

Please share this to your friends & family that are interested in purchasing a home.

The Benadum & Bumpus Team is committed to helping you reach your real estate goals. We love helping you buy and sell homes to help improve the quality of your life.  This requires a variety of solutions to take your dreams from goals to plans to complete. We stay on top of trends and programs to help ensure you have the most information available to make the best decisions.  The Welcome Home Program has been a benefit to many of our clients over the years, and we are happy to announce it is available again for 2017, but funds are limited so contact us asap so we can help connect you to a lender.

What is this program?
The Welcome Home Program offers grants to help fund down payments and closing costs incurred with the purchasing of existing homes or construction of owner-occupied housing by low- and moderate-income homebuyers. Welcome Home funds will be available for reservation on a first-come, first-served basis beginning at 8:00 AM ET on March 1, 2017, and will remain available until all funds have been reserved. 
Here are a few of the details: 

-      Up to $5,000 per household available within household income limits of  $56,800 / 1-2 person family & $65,320 for a family of 3 + (Franklin & surrounding counties)

-      Homebuyers much contribute at least $500 of their own funds toward down payment and closing costs.

-      Program is not limited to 1^st time homebuyers

-      Funds are offered on a “first come, first served” basis.

-      Can be used in conjunction with other grant programs

-      Not intended for purchase requiring significant repair or rehabilitation.

-      Funds may not be used to pay off consumer debt, judgments, buy down the mortgage rate.

-      Grants subject to retention agreements – 5 years.

Contact me and I'll help connect you to one of the select lenders that is participating in this program. If you are interested in this program, we need to be working on your approval and home search now, to make sure we have a home in-contract so you can reserve your funds.

If this program isn't a fit for you, there are other affordable loan option programs that The Ohio Housing Finance Agency (OHFA) offers to help you achieve your dream of home ownership. Here is a list of some of the options a qualified lender can help you review: Your Choice! Down Payment Assistance, Ohio Heroes, Grands for Grads, Mortgage Ta Credit, Target Area Loan, FHA Home Rehabilitation Streamlined 203(k) Loan, FHA Weatherization, and Next Home.

Again...contact me and I'll help connect you to a lender that can help you review your options so that we can work together to make your dream of home ownership a reality.