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Funding, Layering & Use of Funds
It can be applied toward eligible homebuyer costs, such as earnest money deposit, appraisal, or inspections.
Yes, subject to lender guidelines and documentation requirements.
Yes, up to the documented cost of the visual lead inspection, not to exceed $1,000. Funds must be used toward eligible transaction cost s.
Yes—with approved programs, as long as total assistance aligns with program rules and lien positioning requirements.
Yes, for MSHDA down payment assistance programs. For other programs, documentation for the layered program will be required and reviewed case-by-case for decision.