Not a Non-Profit: The Sovereign Grant Alliance provides a safe alternative to Non-Profit grant companies who face IRS scrutiny. The IRS has indicated in Ruling 2006-27 that Non-Profits are not to participate in down payment assistance.
Low fees: Our fee is only $395.
Extensive Experience: The Sovereign Grant Alliance has extensive experience in providing down payment assistance. We know how important funding on time is and we will never hold up your transaction. We have closed thousands of down payment transactions without missing a closing.
Easy Application: Our intelligent online application takes only 2-3 minutes to complete-we do everything else!!
Because we are not a non-profit, you don't need to enter a Federal ID number into the HUDS CHUMS system. Simply select "Government entity" when entering loan data into the CHUMS System. Grant money from Community Funding is available on loans that allows gift funds (for example, FHA loans) to purchase any home where the seller is willing to participate in our program.