Steadworth can help homebuyers get additional down payment funds and purchase their dream home “today versus tomorrow.”
Our flexible plan options can benefit common homebuyer financial situations including:
Doesn’t have a 20% down payment
Doesn’t have the income to qualify for a 95% loan (w/ PMI)
Doesn’t want to be “house poor” at the end of every month (i.e. even if they could qualify for a 95% loan (w/ PMI), they are not comfortable with the resulting high monthly payments)
Wants a nicer/bigger home than what they could purchase under traditional financing
Doesn’t want to liquidate/use savings or retirement funds for a down payment
