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Crowdfund with HomeFundIt

Crowdfunding Down Payment Assistance (DPA) Down Payment Assistance

Type Of Program

Down Payment & Closing Costs

Program distribution

Grant

Program Originator

HomeFundIt

Amount

$1,500.00

Contact

Blocks

Location
Description
Crowdfunding Your Down Payment With HomeFundIt HomeFundIt is the only crowdfunding program in the nation approved by Fannie Mae and Freddie Mac for use with conventional mortgage loans. It's easy to set up your campaign and then share your goal with your friends and family. Features: Just about anyone can contribute to your down payment savings. No set up or transaction fees. Easy to use and easy to contribute - online with a credit or debit card. Contributors have the option to give conditional or non-conditional gifts. Easy to share on social media and websites. Funds are immediately available for your home purchase. Mortgage preapproval is required to start and can be done online or with a Loan Officer. Up to $1500 closing cost grant available to first-time home buyers (restrictions apply).
AMI Limit

Yes

AMI

Employer Participation Required

Yes

Must Earn Counseling Certificate

No

Eligibility Limitations

Cash Sale Permitted

Yes

Cosigner Permitted

No

Owner Financing Permitted

No

Must be Primary Residence

No

Program Provider's Contact Name

Program Provider's Address

Program Provider's Phone

Program Provider's Email