2% Grant Program

1. ELIGIBLE BORROWERS INCLUDEPROGRAM SUMMARY
Now you have ONE down payment assistance
program that you may use nearly nationwide
(not yet available in WA or HI).
• One program used for all types of borrowers,
with the same qualifications, makes it easy
to submit and process
• Completely forgivable grant, equals
2% of purchase price
• May be combined with up to 6% seller
concession for closing costs
• No resale or borrower repayment restrictions
• FICO scores as low as 580
THE
ADVANTAGE
PROGRAM
CONTACT ME TODAY
TO LEARN MORE!
We are pleased to announce our latest
offering – a nationwide down payment
assistance program, offered by an approved
governmental entity which you may use
with either the FHA 203(b) program or
any of our FHA renovation programs.
• Total borrowers income is equal or less
than 140% of median area income, or;
• First-time home buyers, or;
• Any borrower on the loan application who is a
current, retired, volunteer or non-paid:
• first-responder (police officer, firefighter,
public safety officer, paramedic, emergency
medical technician (EMT), including
volunteers or similar);
• educator;
• medical personnel (nurse, doctor,
phlebotomists, health ambassador, or
hospital, American Red Cross worker, or
similar);
• civil servant in a federal, state or local
municipality; or
• military personnel
Brian Tobin
Sr. Loan Officer Smart Mortgage Centers
727-424-6809
briantobin@smartmtgs.net
This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the
home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines,
and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total
finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of
points and fees by the applicant. SMART Mortgage Centers is an Equal Opportunity Lender and an Equal Housing Lender. NMLS 222269