For many, the dream of owning a home can often be overshadowed by financial barriers and uncertainty. However, with Keller Home Loans’ innovative Purchase Plus program, aspiring homeowners can now turn their dreams into reality.
Purchase Plus offers a unique opportunity for first-time buyers, providing up to $5,250 towards down payments and closing costs, paving the way for smoother, more accessible homeownership journeys.
Bridging the Financial Gap
One of the most significant hurdles for first-time buyers is accumulating enough funds for a down payment and covering closing costs. Purchase Plus aims to bridge this financial gap by offering substantial lender credits that can significantly alleviate the upfront financial burden associated with purchasing a home. With up to $5,250 in credits available, prospective homeowners can embark on their homeownership journey with greater confidence and peace of mind.
Flexible Financing Solutions
At Keller Home Loans, we understand that every homeowner’s financial situation is unique. That’s why Purchase Plus offers unparalleled flexibility, allowing buyers to combine lender credits with gifts and other acceptable sources of funds for down payments and closing costs. This flexibility empowers buyers to explore various financing options and tailor their approach to suit their individual needs and circumstances.
Benefits Beyond Other Loan Options
Unlike conventional loans, Purchase Plus provides flexibility by allowing buyers to combine credits with gifts and other acceptable funds. With a minimal 3% down payment requirement, the program assists buyers in overcoming financial barriers and securing their dream homes.
While FHA loans offer lenient credit score requirements and VA loans cater to veterans with no down payment options, Purchase Plus stands out for its targeted support for first-time buyers in specific metro areas, facilitating smoother pathways to homeownership.
Eligibility Requirements
Additionally, the home must serve as the primary residence, and at least one occupant must be a first-time homebuyer. With a minimal 3% down payment requirement, which can be covered in whole or in part by program credits, Purchase Plus offers a straightforward path to homeownership.
Purchase Plus is available to first-time homebuyers in select metro areas across the United States. To be eligible, clients must reside in one of the specified metro areas at the time of application, with the home being purchased anywhere.
Metro Areas Eligible for Purchase Plus:
- Atlanta-Sandy Springs-Roswell
- Baltimore-Columbia-Towson
- Brownsville-Harlingen, TX
- Chicago-Naperville-Elgin
- Cleveland-Elyria
- Dallas-Fort Worth-Arlington
- Detroit-Warren-Dearborn
- Houston-The Woodlands-Sugar Land
- McAllen-Edinburg-Mission, TX
- Memphis
- Miami-Fort Lauderdale-Pompano Beach
- New York-Newark-Jersey City
- Oklahoma City
- Orlando-Kissimmee-Sanford
- Philadelphia-Camden-Wilmington
- Phoenix-Mesa-Chandler
- Riverside-San Bernardino-Ontario
- San Antonio-New Braunfels
- St. Louis, MO-IL
- Tampa-St. Petersburg-Clearwater
- Washington-Arlington-Alexandria
At Keller Home Loans, we believe that homeownership should be within reach for all individuals, regardless of their financial circumstances. With Purchase Plus, we’re committed to helping first-time buyers overcome financial barriers and achieve their homeownership dreams.
Real estate agents, integrating Purchase Plus by Keller Home Loans into your portfolio of loan options is a strategic move that can enhance your client service and expand your business opportunities. By offering Purchase Plus, you provide a valuable solution tailored for first-time homebuyers, helping them navigate financial challenges and realize their homeownership dreams.
Empower your clients with the opportunity to access up to $5,250 in lender credits, thereby simplifying the homebuying process and increasing their purchasing power. Incorporating Purchase Plus into your toolkit demonstrates your dedication to client success and strengthens your reputation as a go-to resource in the competitive real estate market. Embrace Purchase Plus today and elevate your service offering to new heights while fostering long-lasting client relationships.
