Get Your New Home for NO Money Down With a $40,000 Gift

Homebuyers can get a gift of up to $40,000 to cover home purchase costs from the Newsong Buyers Assistance Program. The grant can cover the full down payment amount – an individual does not need to put any money down to buy a home. The Newsong gift program places very few restrictions on program participation. To qualify, a prospective client needs to obtain from a lender a mortgage that accepts down payment funding in the form of a charitable gift. Not every home is eligible – the seller or builder must agree to register the property with Newsong and to donate the gift amount plus a small administrative fee to Newsong. Buyers who are approved for loans are automatically eligible to receive up to $25,000. Average gift amounts are between $5,000 and $15,000. Application procedures are simple for the prospective homebuyer: simple mortgage and realtor referral forms, gift applications, and instructions, program details and process guidelines are all online. And decisions on funding amounts are made the same or following business day! Contact Newsong Buyer’s Assistance; 8022 South Memorial, Suite 200, Tulsa, OK 74133; 918-254-6999; www.buyers-assistance.com;
Income Eligibility: None