Down Payment Program from Wells Fargo

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The LIFT program, Wells Fargo partnership with Neighbor Works America has allocated down payment grants to homeowners in 40 communities throughout the U.S. So far the program has helped more than 11,000 homeowners with down payment assistance.

In Florida, there are four metro areas that are part of the pilot down payment program; they are Jacksonville, Miami, Orlando and Tampa. A list of the 40 cities and the local nonprofits that participate is posted on line. The Neighborhood LIFT program also will be introduced in San Diego County from March 4 through 5 and in Philadelphia from April 1 to 2nd.

Some of the Locations

Albuquerque, Atlanta, Bakersfield, Baltimore, Charlotte, Chicago, Cincinnati, Cleveland, Dallas, Denver, Detroit, Houston, Indianapolis, Kansas City, Las Vegas, Milwaukee, Minneapolis, New Orleans, New York/New Jersey, Phoenix, Portland, Sacramento, Salt Lake City, San Antonio, San Diego, St. Louis, Tucson, Washington DC.

How it works

The Wells Fargo Foundation provides grants for down-payment assistance through NeighborWorks America to local NeighborWorks organizations and/or other nonprofits. At a two-day launch event in each city, potential homebuyers learn if they qualify for the down-payment assistance program. Also at the event, local nonprofits enroll homebuyers in required pre-purchase education and participants have the opportunity to tour available neighborhood properties.

Wells Fargo says that it paid $30 million in LIFT programs that provide down payment assistance grants, program support and homebuyer education. The program was first launched in 2012 to boost homeownership and further advance neighborhood revitalization. The reaction from home buyers receiving down payment assistance grants has been truly exciting.

If I can help you or anyone you know needing real estate advice, please do not hesitate to contact me.

Donna Bishop Realtor  phone; 239-560-3149  or email;  donnabishoprealtor@gmail.com

 

About donnabishoprealtor@gmail.com

Awesome Service: I make dreams come true. I am a Real Estate Consultant. I place great value on the needs, expectations and goals of all my clients whether buying or selling. By helping they find their perfect solution. I will truly listen to you. I have 33+ years experience in all phases of real estate. I am a Loan Modification Specialist, a Short Sale Expert, and a Successful Negotiator. A certified Senior Real Estate Specialist. Former Owner/Broker of A & B Mortgage Brokers of Fl. Plus a former Appraiser. A Professional Realtor. This experience and knowledge gives me the confidence to advise you correctly. I want you to have an Awesome Experience so you will recommend me to all the people you care about. After all, a referral is sending someone you care about to someone you respect.

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