NEW! Down Payment Assistance Program!
Good credit, good income but need help with a down payment?
. . . introducing the SCL DPA Program!
SCL Mortgage is excited to announce the launch of our new SCL Down Payment Assistance, program (DPA)!
Want to buy a house and have a minimum credit score of 660, good income*, but need help with a down payment? Then SCL may be able to help! Our DPA can provide between 2% – 6% of the loan amount toward your down payment and closing cost on your new home.
The DPA is used in conjunction with a FHA, VA or Conventional loan.
Available for single family homes, condos and Planned Unit Developments (PUD).
No income limits and not limited to first time buyers!
This loan is eligible for 100% forgiveness after 5 years prorated 20% each year!
This DPA loan does not even have a payment associated with it!
*2021 Colorado typical home price of $450,000 requires approximate household $84,000 income to qualify.*
*2021 Nebraska typical home price of $250,000 requires approximate household $64,000 income to qualify*