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 or VA 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*