Thank you Nelsont for your insight. I am aware of the grant process outside of NACA and researched those early on. I was not aware of the BOA grant and don’t find information about it online which is probably why.
In any case, my MC is incredibly busy and there have been three back to back ATD events in my area which in effect closed the local office for days each week. I was not told about the grant until 4 days ago which is why I want to research it.
When you say the BOA grant is automatically gifted what do you mean exactly? When do I see it? In the Closing Disclosure as buydown or at Bank Application as a reduction in interest?