First Time Homebuyers in Spokane - Check This Out

First time home buyers of Spokane real estate might like to check out this down payment assistance program.

clipped from activerain.com Down Payment Assistance Loans ~ Spokane Neighborhood Action Programs Down payment assistance funds may be available for first time home-buyers in Spokane, WA.  These funds are offered by the Spokane Neighborhood Action Programs, also known as SNAP. Features of the Down Payment Assistance Loan includes: Loan payments are deferred for 30 years or until sale,, transfer, refinance or change of use Some loans are forgiven and become grants over time Borrower's investment - 3% of purchase price Must be single-family, owner occupied Income eligible Funding is limited and other restrictions may apply. Home buyer education classes are required as well.  It isn't a program for everyone but there are certainly those that can benefit from it.  For more information visit the SNAP website or call to schedule an appointment... 509-456-7106.