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Lennar Mortgage Advantage Plus Program

Statewide, California

Last verified
See what you qualify for
Repayment

Grant

Not repaid

What is Lennar Mortgage Advantage Plus Program?

Lennar Mortgage Advantage Plus Program is a grant for homebuyers in Statewide, California.

  • Builder/lender combo grant tied to Lennar new-build home + Lennar Mortgage financing. Available in all Lennar markets.
  • Lender credit/grant up to $5,000 toward closing costs when financing a Lennar-built home through Lennar Mortgage. Builder/lender combo incentive.
  • Funding comes from Lennar Mortgage.

Do you have to pay it back?

Lennar Mortgage Advantage Plus Program is structured as a grant, so it is not repaid.

  • Repayment is triggered by none (lender credit).
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Lennar Mortgage Advantage Plus Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • Sourced via Homebuyer Wallet (US20250001). Property must be a new Lennar-built home. Financing must be through Lennar Mortgage. Subject to current Lennar incentive offers.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What kind of home can it be used for?

Lennar Mortgage Advantage Plus Program can be used for Single-family (new Lennar-built), Townhouse (new Lennar-built).

  • New construction is eligible.

Where does it apply?

Lennar Mortgage Advantage Plus Program serves buyers purchasing in Statewide, California.

How do you apply?

Applications for Lennar Mortgage Advantage Plus Program go through the administering agency.

  1. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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