National Homebuyers Fund (NHF) - Data Mortgage, Inc. dba Essex Mortgage Repayable Down Payment Assistance Program

National Homebuyers Fund (NHF) - Data Mortgage, Inc. dba Essex Mortgage Repayable Down Payment Assistance Program

Program Category

Down Payment Programs

Max Amount

Up to $23,975
3.5% of Purchase Price

Agency Website

Contact Info

NHF Customer Service:
(866) 643-4968
info@nhfloan.org

Program Details

Buyer contribution type

Income calc method

Qualifying (1003) Income

First mortgage types

FHA 203(b),FHA 234(c)

First mortgage terms

Fully Amortizing,Fixed Rate,30-year

Property types

Single Family Detached, Condo, Townhome/PUD, Manufactured Home

Repayment triggers

Payable upon sale, refinance, or pay-off (if prior to 10 years).

Limitations

Subordination is not permitted.