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HOW OUR PROGRAM WORKS
Homebuyers: (Homebuyer's Education Course | Testimonials from Homebuyers)
Realize the dream of owning your own home and receive a gift/grant to cover your down payment that will NEVER have to be repaid.
We offer an online Homebuyers Education Course that is very beneficial to homebuyers especially first time homebuyers! This course educates homebuyers on the steps to take in order to become a homeowner, how to plan a budget and how to keep their home. Upon passing the course, homebuyers can print a certificate to give to their lender.
In addition to your down payment we also provide assistance should you be unable to make your mortgage payment due to unforeseen circumstances! The earlier you seek help the easier and quicker your situation can be resolved. We will work with you and your mortgage company and keep your loan out of default and foreclosure!
Mortgage Lenders: (10 Reasons to join us at a HIGHER LEVEL)
Close more loans by eliminating the barrier of NO DOWN PAYMENT for qualified homebuyers! Our program provides an unmatched level of service at no additional cost to your homebuyer and most importantly, YOU CAN NOW DRASTICALLY REDUCE DEFAULTS AND PREVENT FORECLOSURE WITH THE MORTGAGE SAVERS BENEFIT PLAN.TM
Builders/Sellers: (Builder's benefits, Builder List and Builder Website Links)
NO FORECLOSURES which means NO ABANDON HOMES IN YOUR SUBDIVISIONS! Homes sell faster if Down Payment Assistance is provided and at NO additional cost we offer delinquent homebuyers default management and loss mitigation to STOP FORECLOSURE!
Realtors: (Market your properties using American Homebuyers)
This is a great service to offer your homebuyers! Offering homebuyers our one of a kind Mortgage Savers benefit plan at NO additional cost is a great way to increase the number of potential homebuyers!
| How The Program Works |
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The buyer qualifies for a loan from a lender that accepts Non-Profit gift donations. |
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The Seller agrees to utilize the program and then signs one required form called the Seller's Agreement. |
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The Lender completes a one-page online gift request form and has the Buyer sign the gift letter for the loan file. |
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The gift funds are then wired to the closing attorney/agent the day before the closing date. |
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The Seller pays a service fee to American Homebuyers after the closing to replenish the pool of funds for future gifts. |
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371 Gees Mill Business Pkwy, N.E., Suite 700
Conyers, GA. 30013
Phone: 770-754-5500 | Fax: 770-754-6116
Toll Free: 1-800-341-8009
Copyright © 2004 - 2007 American Homebuyers, Inc. - All Rights Reserved.
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