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There are more costs involved in the purchase of a home than just the down payment. Buyer closing costs can come to approximately 3% of the purchase price.
First time home buyers can utilize the MFA program for not only down payment assistance, but for closing cost assistance as well. We can also ask the Seller on your behalf, to pay 3%+ towards your closing costs.
Other home buyer costs that are not related to down payment or closing costs can be a home inspection.
For more information on closing costs or related questions, contact us today.
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