April 27

Posted on April 27th, 2010 at 7:34 PM by socar

Another Down Payment Assistance Program is coming back online April 19th and Monarch Bank is one of the Community Banks that is permitted to participate in the program. 

•  $1,000,000 available to Monarch Bank for down payment and closing cost assistance

•  5 to 1 matching funds up to $7500. 

•  Example:  Buyer puts in $1500, DPA matches $7500, $9000 total available for down payment and closing cost assistance.

•  Buyer must have $500 minimum in the transaction

•   Income limit (80% of median income)

•  No geographical boundaries

 Money went fast last year so please contact me early.  Please call for more information. 

I am available this weekend for mortgage questions or scenarios for you and your clients,

 704.607-1497 mobile

Ritchie Love

7900 Matthews Mint Hill Rd, Ste 115

Charlotte, NC  28227

704.573.4288 x 102

704.545.5930 Fax

rlove@monarchmtg.com  www.monarchmtg.com/rlove

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