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Below-market financing, small down payment! Owning a home at Savoy Court can be as affordable as renting! And it’s a smart investment in your future—as your home appreciates and you make monthly payments, you’ll be building equity. Plus, homebuyers may qualify for special financing and related benefits with the District of Columbia’s Home Purchase Assistance Program (HPAP). HPAP is for first-time buyers who’ve been DC residents for at least a year. Loan payments are deferred for the first five years. After five years, monthly principal-only payments are amortized over 40 years. HPAP funds can be used for closing costs and the down payment. To learn if you are eligible for HPAP and how much you may qualify for, click here. Participants are often eligible for other benefits, such as a 5-year property tax waiver, a Federal tax credit and a homestead property tax deduction. For more information, please ask the Savoy Court Sales Team. Building Partnerships, LLC has brought together a team of financing specialists with below-market financing options to help you get into the home of your dreams. Call or visit the sales office to learn more today! Click here to learn more about the excellent mortgage programs offered by the Neighborhood Assistance Corporation of America (NACA) John Francomacaro Denise Rosemond
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