Down Payment Assistance Programs | Here to Help You Qualify for Home ownership

Rocky Mountain Mortgage Company is proud to provide down payment assistance programs to make the home buying process as easy as possible. These programs are designed to provide a set amount of money to qualified potential home buyers to help cover the expense of a down payment or closing costs. Rocky Mountain Mortgage Company is here to ensure that you receive the financial assistance you need for your future home.

How to Know if You Qualify for a Down Payment Assistance Program

There are specific qualifications that entitle a person to use a home buying assistance program responsibly. One factor of the home buyer criteria includes income and financial requirements. You must earn a specific income and have a specific credit score in order to qualify. In addition to basic financial determinants, there are specific professions that down payment programs can be applied to such as teachers, police officers, firefighters, veterans, and more.

There are other programs that do not specialize in profession, such as the Home Sweet Texas Home Loan Program where you can still qualify if you meet a certain income. One last factor that comes into play is your status as a first-time homebuyer. Assistance programs can be provided to first-time home buyers and non-first-time home buyers. Although, if you are a first-time home buyer you can also qualify for special income tax credit programs, saving you thousands of dollars each year. The qualifications are rather flexible and attainable for most home buyers.

How You Can Benefit from a Down Payment Assistance Program

For many potential homeowners, the down payment can come as a challenge. Thankfully, our down payment assistance program can ease many issues. There are many benefits that accompany these programs, including: