Quicken Loans down payment grant

[Brian Anderson]

I reside in Charleston SC. I was recently pre-approved by quicken loans for the conventional owner occupant down payment grant program, in which quicken loans grants two percent of the three percent down payment. I tried to ask the broker what the requirements were on living in the house for a year and then renting it out, and she said she didn't know anything about that. Does anyone have experience/insight with this type of loan?