At Top Flite Home Loans, we believe that every aspiring homeowner deserves a chance to turn their dreams into reality. That's why we're excited to introduce our exclusive home financing programs - "One Dream One Percent" and the "National Homebuyer Fund" - designed to make homeownership more accessible and affordable for you.

One Dream One Percent: Making Your Dream Home a Reality

Release Date: Mid-November (Available in Retail)

Are you ready to take the first step towards homeownership but find that down payment is a hurdle? David Brown - Top Flite Home Loans is here to help! With "One Dream One Percent," we offer qualified borrowers an incredible opportunity: a grant of up to 2% of the lower of the Sale Price or Appraisal, to a maximum of $4,000, which can be applied toward your down payment. Here are the key highlights of this program:

• The funds are exclusively for your down payment, with the remaining 1% to be covered from your own funds, making it a total of a 3% down payment.
• You won't have to worry about repayment; this grant is a gift to you.
• Ideal for purchase transactions of owner-occupied, single-unit homes.
• Borrowers must meet FHLMC Home Possible Eligibility Guidelines, including a requirement for Total Income to be less than 80% of the Area Median Income (AMI).
• The program is available for homes with a maximum sales price of $225,000.

National Homebuyer Fund (NHF): Expanding Opportunities for Homebuyers

ETA: Mid to Late November (Available in Retail & TPO)

The National Homebuyer Fund is your path to homeownership, offering an impressive Down Payment Assistance (DPA) of up to 3.5% of the lesser of the Sales Price or Appraised Value. This DPA comes in the form of a Second Trust Deed, amortized over 10 years at an interest rate 2% higher than the interest rate on your First Mortgage. Let's explore the features:

• Use the NHF funds for your down payment and/or closing costs - it's flexible to meet your needs.
• There are no income or sales price limits, making it accessible to a wide range of homebuyers.
• Whether you're a first-time homebuyer or not, you're eligible for this program.
• Homebuyer education is a requirement to ensure you're equipped with the knowledge for successful homeownership.
• The program is available for single-unit, owner-occupied properties, including Single-Family Residences (SFR), Planned Unit Developments (PUD), Condos, or Manufactured Homes.
• It's applicable to conforming loan amounts, making it a versatile solution for various property types.

At Sierra Pacific Mortgage, we're dedicated to making your dream of homeownership come true. Our "One Dream One Percent" and the "National Homebuyer Fund" programs are just two of the many ways we're committed to your homeownership journey. Contact us today to learn more and take the first step towards the home you've always wanted. Your dream is just "One Percent" away with Sierra Pacific Mortgage!