PRMI Home Advantage Plus Loan Program (HAP) is just what you need to compete against other home buyers in this low inventory and multiple offer real estate market. Make your offer unique and stand out to the seller by using the Home Advantage Plus Loan Program. Call the John Thomas Team with Primary Residential Mortgage today at 302-703-0727 to get started or APPLY ONLINE.
What are the Benefits of the Home Advantage Plus Program?
The following are the benefits of using the PRMI Home Advantage Plus Loan Program:
- Cover Up to 9% Appraisal Gap if Home Appraises Low
- Finance Lender Required Repairs into the HAP Loan
- Repairs are done after closing so no delays
- Finance a New Appliance Package into your HAP Loan
- Finance Upgrades into the HAP Loan with your home purchase:
- New Carpet or Flooring
- Update Bath and/or Kitchen
- Many Other Options as Well
- Can be Combined with 5% Down Payment Assistance Program (620 Minimum Credit Score)
- Can have a Non-Occupying Co-Borrower if NOT using DPA Program
What are the Requirements to Qualify for a Home Advantage Plus Mortgage?
The minimum requirements to be eligible for HAP mortgage loan are as follows: