We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.
4 Down Payment Assistance (DPA) Loan Programs to Choose From
At MKG Enterprises Corp TPO, we offer a variety of Down Payment Assistance (DPA) programs to help you achieve your homeownership dreams. Explore the four unique programs below and find the perfect fit for your needs:
1. Boost Forgivable Second
Key Benefits:
0% interest, no payments required.
Forgiven after 60 consecutive on-time payments.
Minimum 580 FICO required.
Perfect for FHA loans with no income limits.
Can be used for down payment and closing costs.
2. Boost Repayable Second
Key Benefits:
Flexible repayment options available.
Minimum 580 FICO required.
No income limits, eligible for FHA and Conventional financing.
Can be used for down payment and closing costs.
3. Boost 5% Repayable Second
Key Benefits:
Up to 5% down payment assistance.
Available for FHA buyers.
Minimum 580 FICO required.
Ideal for borrowers looking for affordable down payment solutions.
4. Aurora Repayable Second
Key Benefits:
Offers 3.5% or 5% down payment assistance.
Minimum 600 FICO required.
Flexible repayment terms with low fixed rates.
Suitable for buyers needing additional down payment support.
Each program is designed to offer you the financial assistance you need to make homeownership a reality.
Contact us to learn more and start your homeownership journey!
Homebuyer Education Certificate
Required if FICO is below 580
Home equity has proven to be one of the strongest ways for families to build and pass on intergenerational wealth and MKG Enterprises Corp Mortgage Brokerage is committed to guiding clients through the mortgage process.
Apply for a home loan with down payment assistance loan FHA limits apply $498,257
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Renovation Guide to rehabbing a house as a forever home, FHA loan limits apply.
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Specific loan program availability and requirements may vary. Please get in touch with the mortgage loan officer for more information.
Licensed by the California DFPI under the California Residential Mortgage Lending Act, 1370394 Licensed by the DFPI under the California Residential Mortgage Lending Act, 1370676 or Licensed by the California DFPI under the California Finance Lenders Law, 60DBO-45224.
