I recently learned of a program being offered by SEFCU. It is intended to help home buyers save up that oh so ominous DOWN PAYMENT. Their Mortgage Match Program has been put in place to help you earn 4 dollars for every 1 dollar you save, up to 7500 BUCKS!!!
The specifics are listed on SEFCU's website, a link has been provided above.
This is essentially free money for those who are serious about purchasing a home and moving forward with the largest financial commitment of most peoples lives. I encourage those of you who want to know more about this program to seek out any SEFCU mortgage originator and find out if this is the right fit for YOU. As always, you should shop around to many different lenders. This mortgage match program just happens to be offered by SEFCU.
Make sure you fully understand the difference between a 15yr fixed mortgage and a 30yr fixed mortgage. My next post will discuss the pro's and con's of each. GET READY!!!