Miami Homebuyers’ Workshop offers Downpayment Help
Wells Fargo & Co. will host a workshop 10 a.m. to 7 p.m. Friday and Saturday, June 1 and 2, to help people who otherwise qualify for a mortgage to buy a home in the city of Miami but are short on a down payment, according to the Miami Herald.
“The workshop will be at the Doubletree Miami Airport Convention Center at 711 NW 72 Avenue, Miami. Details and pre-registration are available at neighborhoodlift.com or by calling 866-858-2151. Click on the link for full details.
The San Francisco mortgage giant said it will provide $9 million in aid to homebuyers in the City of Miami, or up to $15,000 in downpayment assistance per qualified applicant.
To participate, homebuyers must meet various criteria, including falling within 120 percent of the median income, or about $78,700 for a family of four. The mortgages can be obtained from any lender, not only Wells Fargo.
The program will be administered by Neighborhood Housing Services of South Florida, a nonprofit that works to help people to acquire and stay in their homes.”
Click on the link to learn what to bring to discuss mortgage loan options.
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