Home For Good's Equity First program offers participants the opportunity to live in the home of their choice now and then purchase the home for the same price as Home For Good originally paid for it, up to two years later, with a fixed, low interest rate assumable mortgage

Home For Good initially purchases the participant's desired home after it is approved and allows the participant to move in right away. Each participant accepted into the program works through an individualized Home Buyer Action Plan designed to enable the participant to qualify for the conventional mortgage at the earliest possible opportunity during a two-year period. All mortgages are placed in Fannie Mae approved conventional loans at 30 or 40 year terms with fixed interest rates.

The participant can purchase the home at any time they are qualified during their lease contract for the same price as Home For Good originally paid.¹ This fixed price eliminates the risk that appreciation rates will place the home outside of the participant's buying limits. The assumable mortgage is of huge benefit to Home For Good's participants. The unique mortgage products utilized through a special Fannie Mae mortgage program lock in interest rates as if the participant had great credit when the home was initially purchased.