Downpayment & Closing-Cost Assistance Loans

If you are a first-time homebuyer, we offer Downpayment & Closing-Cost Assistance Loans that can help cover the costs associated with purchasing your home. Scroll down for more information!

Downpayment & Closing-Cost Assistance Loans

Our Downpayment & Closing-Cost Assistance Loan is for first-time homebuyers looking to purchase a home, NeighborWorks® Community Partners can help you with your Downpayment and/or Closing-Costs.

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How to Apply for a Downpayment & Closing-Cost Assistance Loan:

      1. Click here to download and complete the intake form
      2. E-mail your completed pre-screening form and supporting documents listed below to: RegionalLending@nwcommunitypartners.org (you may also make an appointment to hand-deliver the documents to our offices by calling 716.217.2468 ext. 703.
      3. A Customer Journey Specialist will follow-up with you to discuss the next steps of the application process

*Note: If your credit report cannot be provided to us by your lender, there is a $15 non-refundable credit report fee associated with the formal application process ($25 if there is a co-applicant).

Required Supporting Documents to Start the Process:

  1. Documents included in the intake packet
  2. Proof of identity (License or Government Issued ID) and Documentation of US Citizenship or legal alien status
  3. Most recent paystubs (x4 if paid weekly, x2 if bi-weekly)
  4. Two years’ W2/1099s plus most recent filed FEDERAL income tax return with all schedules
  5. Additional Income Documentation (SSD, SSI, Pension, Retirement, etc.)
  6. Asset statements: most recent (2) months for all asset (bank) accounts
  7. Purchase Contract
  8. Mortgage Application (“1003” from purchase mortgage lender)
  9. Loan Estimate (“LE” from purchase mortgage lender)

 

If you have any questions, feel free to e-mail us at: RegionalLending@nwcommunitypartners.org or call 716.217.2468 ext. 703.