First-time homebuyers can now take advantage of the Purchase Plus program, offering up to $5,250 in lender credits toward down payments and closing costs. Learn how this program can make homeownership more affordable, with flexible options to combine credits with gifts and other funds.
Attention first-time homebuyers! Exciting news awaits you—introducing Purchase Plus, where your homeownership dreams become a reality with up to $5,250 toward your down payment and closing costs.
If you’re in one of the eligible metro areas, this is your moment! With Purchase Plus, you can receive up to $5,250 in lender credits, making your home-buying journey more affordable. The best part? You can combine Purchase Plus with gifts and other acceptable sources of funds for added flexibility.
We understand the financial challenges many first-time homebuyers face in saving for a down payment and closing costs, and that’s why we’re excited to introduce the Purchase Plus program to help make homeownership more affordable. Say goodbye to unpredictable rent increases and hello to building home equity for a secure future.
Now, let’s talk eligibility requirements:
- You must reside in one of the eligible census tracts at the time of application, but the home you buy can be anywhere. Our Home Loan Experts are ready to guide you through the process.
- The home must be your primary residence, and at least one of the clients occupying the home has to be a first-time homebuyer. A minimal 3% down payment is required, which can be covered in whole or in part by credit from the program.
Speak with our Home Loan Experts today and take the first step toward owning your dream home!
Disclaimer:
Client will receive a closing cost grant up to the amount of $5,250 on their Closing Disclosure. Offer is valid for only for first-time home purchasers with primary residence properties in specific census tracks located in Atlanta-Sandy Springs-Roswell, Georgia; Baltimore-Columbia-Towson, Maryland; Brownsville-Harlingen, Texas; Chicago-Naperville-Elgin, Illinois, Indiana and Wisconsin; Cleveland-Elyria, Ohio; Dallas-Fort Worth-Arlington, Texas; Detroit-Warren-Dearborn, Michigan; Houston-The Woodlands-Sugar Land, Texas; McAllen-Edinburg-Mission, Texas, Memphis, Tennessee, Missouri and Arkansas; Miami-Fort Lauderdale-Pompano Beach, Florida; New York-New York-Jersey City, New York, New Jersey and Pennsylvania; Oklahoma City, Oklahoma; Orlando-Kissimmee-Sanford, Florida; Philadelphia-Camden-Wilmington, Pennsylvania, New Jersey, Delaware and Maryland; Phoenix-Mesa-Chandler, Arizona; Riverside-San Bernardino-Ontario, California; San Antonio-New Braunfels, Texas; St. Louis, Missouri and Illinois; Tampa-St. Petersburg-Clearwater, Florida; and Washington-Arlington-Alexandria, Washington D.C., Virginia, Maryland and West Virginia. Offer valid from January 15, 2024. Offer is nontransferable. Offer cannot be applied retroactively to closed loans. Offer may not be redeemed for cash, and no change will be given if the discount amount exceeds costs otherwise due. Mutual of Omaha Mortgage reserves the right to cancel this offer at any time. Other discounts may be ineligible with this offer.
