Q: Can this program be used on any loan product?
A: Yes. All loan programs accept the services of American Family Dream Successful Home Ownership Program
Q: What do you do to help a homebuyer?
A: Many would be homeowners need assistance that the marketplace is unprepared to provide at this time. We review your financial and credit condition in light of the lenders underwriting guidelines and assist you with aligning your condition with their requirements.
Q: Who pays for this service?
A: The preparing home purchaser pays the cost in preparation of making an offer to purchase a home and apply for a mortgage.
Q: Are there any income limitations for potential homebuyers?
A: No. This program is appropriate for any income group that needs additional assistance in preparation of successful homeownership.
Q: Is the fee tax deductible?
A. Yes, preparation fees paid by a consumer are deductible as a professional expense.
Q: Who completes the program application?
A: Either the loan officer, real estate agent, or builder can introduce the future homebuyer to our program. Consumers are welcome to apply for our service as well. Our qualified program administrators will contact the consumer.
