Buy Your Home: Get a Grant From the Philly First Home Program

Minority home buyers often struggle to obtain homeownership in America.

Fortunately, if you’re a first-time home buyers in Philadelphia, PA, you might qualify for financial assistance.

With help from the Black Brilliance Homeownership Team – Powered by E-Mortgage Capital and local resources, you’ll have an excellent opportunity to “Fire Your Landlord.”

Stop Enriching Your Landlord

While you may have considered buying a home before, but your credit, income or money for a down payment prevented you from getting keys to a home that you own.

Our loan officers can quickly determine if you’re pre-approved to buy a home or provide tips toward improving your current situation.

Either way, we’re here to help you “Kiss Your Landlord Goodbye” for good.

Essentially, you may qualify to buy a home with a grant from the Philly First Home program and money that you would ordinarily apply toward your first, last and security deposit.

Renting Wastes Your Hard-Earned Money

Many minorities, especially in the Black community are driven toward consumption versus wealth building.

Deciding to buy a home versus renting creates a hedge against future rent increases.

With a mortgage loan instead of a yearly lease, your monthly mortgage payment won’t change with a 30-year fixed-rate mortgage.

In many cases, comparable homes have a lower monthly payment than a rental property — which is why your landlord profits after deducting his required mortgage payment from your monthly rental payment.

Using a Grant to Buy Your Home

The Philly First Home program could be your path toward homeownership.

Let’s eliminate any excuses or forms of procrastination, while these funds are still available.

The program qualifications are shown below:

• First-time home buyer
• Household income
• Home-buyer counseling
• Property type

If approved, you could get up $10,000 toward your down payment or closing costs, and you might be eligible for up to 6% of the home’s selling price.

Let’s Start Your Home-Buying Journey

Speaking with one of our experienced loan originators is an excellent way to get the ball rolling toward your new home and to get answers for any questions that you have about the “Philly First Home” program.

Starting to have “homeownership conversations” will help you generate ideas about the perfect starter home for your family, desires toward building wealth and the motivation to get your keys to a home that you own!

The Black Brilliance Homeownership Team offers premier home-buying resources, such as low-down payment financing programs, no-down payment mortgage loans, grant programs and other forms of home-buyer assistance.

We’re here to review your current financial situation and to make suggestions toward obtaining more favorable financing terms.

Inquire about getting pre-approved today!

Visit our Home Buyer Grants center online for more details.