Am I required to stay in the home for any minimum number of years?

That depends on the first mortgage loan product your lender determines is in your best interest.  Our gift funds are not tied to a minimum number of years.  Our 2nd mortgage funds are forgiven 1/84th a month for a total of 7 years.  If you sell or refinance within 7 years, you will be required to pay back the pro-rata share based on how long you have lived in the home.

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