How to find Down Payment Assistance After Being Told You Don’t Qualify

How to find Down Payment Assistance After Being Told You Don’t Qualify

One of the biggest complaints that we hear from clients is that they have been told that they don’t qualify for down payment assistance or down payment grants.  The issue is that most people that tell us this, actually do qualify for either down payment assistance or a down payment grant.  How is that possible?

What I am told by loan officers that I ask this question, is that most loan officers do not do down payment assistance so they just tell their clients that they don’t qualify.  I then follow up with why don’t most loan officers do down payment assistance loans.  The answer is always one of two answers.  1.  They are twice as hard or require training and certification.  2.  The pay quite a bit less so they are encouraged not to use them.

I have an issue with both of these answers.  This is not some third world county run by a crazy dictator, it is the United States.  These loan officers picked the job that they have.  If they are going to pick the job, then do it correctly.

As a final point, if you are looking for down payment assistance and grants to buy a home, make sure that you try Downpayment.Mobi or DownPayment.cool and find out if you actually qualify for down payment assistance