Mortgage Alternative Program (MAP)
What is MAP?
The Mortgage Alternative Program™ (MAP) allows people who have the down payment and the ability to make a monthly payment, but can’t qualify for a traditional mortgage, get into the home of their dreams!
MAP is available in Washington State.
With MAP, individuals or families can pick out a home today, move in immediately, and take up to six years to close escrow at a pre-contracted, predetermined price. It consists of two long-term agreements; a lease and a purchase.
Who is MAP for?
A consumer who has a down payment, wants to buy a home, but doesn’t qualify for a traditional mortgage. Self-employed consumers who need to use bank statements to verify their income. Consumers with a previous foreclosure, short sale, or credit problem, even bankruptcy.
To learn more about MAP contact me at 206.915.8414