Lender Expands Closing Cost Assistance Program

National residential mortgage lender PrimeLending, a PlainsCapital Company, announces the expansion of the NeighborhoodEdge closing cost assistance program to all 50 states, plus the District of Columbia.Here are all the details:

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The program, which originally launched in May 2015 exclusively in Texas, offers closing cost credits to low- and moderate-income homebuyers who may need financial assistance to purchase a house. Additionally, the program helps promote homeownership in low- and moderate- income areas.

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Qualified borrowers could be eligible to receive up to $1,500 or $2,000 in closing cost assistance, depending on their income and the location of the property they wish to buy.

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“We’re thrilled about the expansion of this program,” says Latonia Donaldson, PrimeLending’s vice president and director of multicultural lending. “Now that it will be available in all states, the dream of owning a home will be able to become a reality for many Americans who need some extra support.”

For more information and complete details about the NeighborhoodEdge closing cost assistance program, please contact a PrimeLending loan officer at a branch near you.

PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. In the last four consecutive years, PrimeLending was listed as a top 10 mortgage lender in the nation in purchase units.* Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is authorized to make loans in 50 states and the District of Columbia. Founded in 1986, PrimeLending is a member of the Hilltop Holdings Inc. family of companies.