First Time Buyer Programs
THE SATORI GROUP understands that, as a FIRST TIME HOME BUYER, you have many questions. Where do you even start? What is the first thing you have to do? Where do you find an appraisal? Who do you work with to find Real Estate? Do you have to take classes? The Satori Group expects these questions and we are prepared to take you by the hand and walk you through the process STEP BY STEP!
| Live chat by AliveChat |
CLICK HERE TO RECEIVE YOUR FREE FIRST TIME HOMEBUYER HANDBOOK
CLICK FOR TAX CREDIT INFORMATION
THE SATORI GROUP works with many Realtors, Lenders, and First Time Home Buyers to maximize the efficiency of a Real Estate Purchase. There are a number of specialized programs for FIRST TIME HOME BUYERS, which are also known as DOWN PAYMENT ASSISTANCE PROGRAMS. Many are government sponsored and offer attractive options for homeownership. What many people do not realize is that there is not a universal First Time Home Buyer Program or Down Payment Assistance Program. These can vary from county to county and city to city… Burnsville, St. Paul, and St. Louis Park may not have the same programs available to them as Minneapolis, Brooklyn Center, and Mora… likewise Hennepin County has different Down Payment Assistance Programs as Ramsey, Dakota, and Kanabec County. On top of these First Time Home Buyer/Down Payment Assistance Programs there are many other programs such as The Nehemiah Down Payment Assistance Program, The City Living Program, the My Community program, the HomePossible Program, and many other programs to look into…
| Live chat by AliveChat |
CONTACT US FOR MORE INFORMATION AND RECEIVE YOUR FREE FIRST TIME HOME BUYER MANUAL
The advantage about working with The Satori Group is we sort through all of the mess and paperwork for you, delivering you the best program for your personal situation. Whether you are looking for a county specific, city specific, or neighborhood specific program, The Satori Group will be there to guide you step by step through the process of buying your first home. These products are available for purchase of a primary residence, up to 105% combined loan-to-value.1 You would look at first time buyer programs when you:
Features
- Make limited income
- Have alternative forms of credit
- Down payment assistance
- Many different First Time Home Buyer and Down Payment Programs available for Minneapolis, St. Paul, St. Louis Park, Brooklyn Center, Burnsville, Mora, Pine City, Hennepin County, Ramsey County, Dakota County and many more locations… find out if the location you are interested has First Time Home Buyer/Down Payment Assistance Programs available… Find Out by clicking here
Advantages
- Lower down payment
- Easier qualifying standards
- Interest rate breaks for low-to-moderate income borrowers
- Tax deductible interest2
- Being a homeowner!
Disadvantages
- Income and property value limitations
- Some programs which have government subsidies may have a recapture tax if you sell the house too early.
1 -Maximum Loan-to-Value is determined by a variety of factors including but not limited to: loan type, credit worthiness, property type and occupancy status. The max loan-to-values listed are not necessarily available for every situation.
2-The Satori Group is not a licensed tax preparer. For questions regarding the amount of mortgage interest that you can deduct, please consult a professional.
Information deemed reliable but, not guaranteed.
