I heard Darlene Leaks from flagstar talk about this program at a homebuyer course - upto $15 k to cover the appraisal gap for a house and the loan can be forgiven after 3 years of living in the house. I was wondering if anyone has experience with this product (or similar products available from other banks). What kind of hoops do they make you jump through to get it? The loan officers at flagstar have been unhelpful unfortunately.
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