Satori Mortgage

Down Payment Assistance Loans

Help with Down Payment

First Time Buyer, No Problem!

Answer the following questions to get the ball rolling to get qualified for Down Payment Assistance Today!

Loan Purpose

Credit Score

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Eligibility

If you have a 580 credit score, documentable income, a satisfactory work and credit history, you may qualify for Down Payment Assistance. Additionally, DACA borrowers are eligible.

No Re-Payment

Get it and forget it! Some of our Down Payment Assistance programs have options for no-repayment, through eligible grants. True, free money.

Let's Talk Money

DPA is designed to provide down payment assistance in the form of a grant equal to 2% or 3.5% of the home's price on an eligible, FHA purchase.

Our Promise

We know you have questions: Will I be qualified? How long will it take to close? What is the process of qualification and approval for a mortgage? Our promise is to do our best to address all of your questions and assist you throughout the process to maximize the chance of achieving your desirable results.

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Down Payment Assistance 101

They are loans, grants, tax credits and other programs for eligible homebuyers. These help borrowers meet the down payment required to buy a home, faster and easier. We are able to combine Down Payment Assistance with Seller Paid Concessions to deliver a true, "no money down" mortgage. Co-signers are also allowed!

FHA Loan W/ DPA

Backed by the US Department of Housing and Urban Development, FHA loans are offered with lower rates and can be easier to qualify, when compared to other programs available. This, coupled with a down payment assistance program, makes them very popular among first-time homebuyers.

Affordable Home Solutions

Looking for an affordable housing solution? Manufactured and modular homes have come a long way since your grandma's trailer. We offer Down Payment Assistance for purchase loans on Manufactured / Modular homes.

SATORI MORTGAGE

NMLS # 4190 Mortgage Broker

2808 West Broadway Minneapolis, MN 55411

(866) 405-3697

info@satorimortgage.com

Complaints may be directed to: Phone: (855) 906-6784 or Email: compliance@satorimortgage.com

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Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV

First Time Buyer, No Problem!

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