Helping low-income homebuyers find homes

6:29 AM, Jul 27, 2012   |    comments
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JACKSONVILLE, Fla. -- Looking to buy a home?

Wells Fargo & Company is deploying its NeighborhoodLIFT program in Jacksonville this weekend.  The program provides homebuyer support, education and an opportunity to qualify for up to $15,000 in down payment assistance to buy a home in Jacksonville.

The homebuyer workshop will be Friday and Saturday at the Prime Osborn from 10 a.m until 7 p.m.

At the event, people can find out if they qualify for the down payment assistance program and reserve money for 60 days, even if they haven't found a house yet they want to buy.

There are some requirements for eligibility:

  • Household income cannot exceed 120% of the area median income adjusted for family size.  In Jacksonville, that is $80,750 for a family of four.

  • Not required to be a first-time homebuyer

  • If you currently own a home, it must be sold prior to closing.  The current home cannot be rented/leased.

Pre-registration is encouraged, but not required.  You can register at www.neighborhoodlift.com or call 866-858-2151.

 

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