This is a great loan for low-income home buyers - and you do not have to be a first-time buyer!
WSHFC HOME ADVANTAGE
1st and 2nd Mortgage Program For Low To Moderate
Income Families
2nd Mortgage Provides Up To 4% of First Mortgage
Amount at 0% for 30 Years
Can Be Used with MCC Tax Credit
FHA, VA, USDA and Conventional
Reduced MI Rates on Conventional
Minimum FICO Score of 620
No Acquisition Limit
Must Attend WSHFC Sponsored FREE Home Buyer
Education Course or Online WSHFC Course for $50
per adult family member that will occupy the
home
Not Required to Be a First Time Home Buyer Unless
Using MCC Also
Maximum Income of $97,000 Combined Household
Income
NO Co-Signors or Non-Occupant Borrowers
Single Family Detached, Attached, PUDs,
Manufactured and Condos Allowed Per FHA, VA or
FNMA Guidelines
Borrowers Must Contribute 1% of the Purchase
Price or $1,000 whichever is less
Non-Traditional Credit Reports Not Allowed
For more information on this loan, please contact Cheryl Taylor at American Pacific Mortgage at cherylt@aplending.com or private message me at HomeLandInvestment@gmail.com.
Today's blog courtesy of Cheryl Taylor, American Pacific Mortgage.
Happy Investing!
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