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Guaranteed Rate's Give 2 You grant program

Buy a home with 3% down and we’ll kick in another 2%.

Deliver a 3% down payment and Guaranteed Rate will provide a grant for up to 2% of your purchase price- no need to repay if you move or refinance. 

Use this grant to:

  • Apply to your closing cost for more money in your pocket
  • Buy down your interest rate to lower your monthly payments.
  • Get a jump on eliminating your private mortgage insurance. 

*It is important for you to know that the smaller your down payment percentage, typically, the higher your interest rate. Down Payment assistance cannot exceed 2% of the purchase price. Maximum grant allowance is $10,000. Minimum credit score and debt-to-income (DTI) requirements, annual income limits and purchase price limits do apply. Not all applicants will be approved. Receipt of application does not represent an approval for financing or interest rate guarantee. 

Example: Sample monthly Principal and Interest (P&I) payment of $1,117 is based on a purchase price of $250,000, down payment of 5% (3% provided by borrower and 2% provided by Guaranteed Rate), 30 year fixed rate mortgage (360 monthly payments) and rate of 3.875%/4.538% APR (annual percentage rate). Advertised rates and APR effective as of 09/18/17 and are subject to change. Above scenario assumes a first lien position, 740 FICO score, 55-day rate lock, based on a single family home in Illinois and are subject to change without notice. Subject to underwriting guidelines and applicant’s credit profile. Sample payment does not include taxes, insurance or assessments. Private Mortgage Insurance (PMI) will be required for all FHA loans as well as conventional loans where the LTV is greater than 80%. Actual payment obligation will be greater. Not all applicants will be approved. Applicant’s interest rate will depend upon the specific characteristics of applicant’s loan transaction, credit profile and other criteria. Contact Guaranteed Rate for more information and up to date rates.


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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.