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American Family Funds/Dove Foundation
American Family Funds
www.americanfamilyfunds.com

Program Overview

American Family Funds/Dove Foundation is a program that provides down payment and closing cost assistance to those approved for FHA or Conventional loans. A mortgage lender must qualify borrowers for a loan. All of Colorado is eligible for this program. The application fee is $ 350.00.

Who is eligible for this program?

The lender must approve the borrowers obtaining a gift for downpayment. The program is for a home purchase with a seller who is willing to participate in this program. The property must be owner occupied. There are no income requirements for this program. This particular program is for home purchases only. Is this program for first time buyers only? No

Property Eligibility Requirements

Properties located all over the State of Colorado qualify for this program.

Benefit Details

All loans must be approved by a lender and must abide by lender guidelines. There is no set gift limit for use in this program. Benefit: The benefit for this program is for low downpayment and closing cost assistance with a participating seller. Homebuyer Counseling / Education Required: No Owner Occupancy Required: Yes

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.