Earn Your Down Payment With SWEAT EQUITY!
Willing to put your personal touch in the home you’re buying? With the FHA Sweat Equity Program, the work you perform may be applied as equivalent to cash investment in the new home you are purchasing.
- This Sweat Equity credit qualifies as part of the required 3½% minimum down payment for FHA.
- The homebuyer only provides labor for painting and landscaping. All materials and equipment necessary to do the job are provided by Shugart Enterprises at the work site.
- A DVD is available to show the homebuyer what is involved and how to perform the work. The buyer can take the DVD home and view at his/her leisure.
Watch Guidelines For Painting And Landscaping Your New Home Here:
For more information, please call or email Joann Hollifield at Wells Fargo to verify current guidelines.
Phone: (336) 834-1986
Download a copy of the Sweat Equity Program brochure here.
Buyer must use Joann Hollifield at Wells Fargo to qualify for the program. Program is subject to change.