How does the Buyer qualify for The Liberty Gold Program?
• Buyer must qualify for a loan that allows gift funds.
• The Seller or Builder has to enroll or already be enrolled in The Liberty Gold Program.

Does the Buyer have to pay back the grant?
No. It is a 100% gift, and the Buyer has no obligation to pay back the gift funds.

How does The Buyer’s Dream Fund replenish its pool of funds for future buyers?
The Seller or Builder pays a service fee to The Buyer’s Dream Fund of $495.00 plus the amount of the gift.

Why would a Seller want to participate in The Liberty Gold Program?
Participation in The Liberty Gold Program not only attracts the buyers who have the necessary funds for down payment and closing costs, it also attracts the buyers who do not possess these necessary funds but can obtain them through Liberty Gold Program. This will increase the number of potential buyers. A LARGER POOL OF BUYERS MEANS A FASTER SALE.

If the Seller has to pay a service fee, won’t the Seller receive less money from the sale of the home?
No. Many sellers accept less than the list price in order to sell their home. By using The Liberty Gold most Sellers are able to obtain their full listing price, since the Buyer understands that the Seller’s cooperation is required in order to participate in
The Liberty Gold Program.

What role can I play in the process?
Explain the Down Payment Assistance Program to prospective Sellers, Builders and Buyers. Complete the Seller Participation Form.