TDHCA 70 - Additional Down Payment Assistance!
The Texas Department of Housing and Community Affairs (TDHCA) has released additional down payment assistance in conjunction with Mortgage Revenue Bond (MRB) Program 70.
Program highlights include:
• Approximately $14 million in non-targeted funds available
• Fixed Rate of 5.75%
• Down payment grant of up to 4% of first lien amount
• 580 minimum FICO score
• Dallas Income limits: (1 - 2 persons - $67,600); (3-4 persons - $77,740)
• Ft. Worth Income limits: (1 - 2 persons - $66,000); (3-4 persons - $75,900)
• Max. sales price - $258,690
• Home buyer education course required*
For more information about the TDHCA 70 program, please contact Nick Windham: (682) 365-6365 or nickw@vipmtg.com
This is being provided for informational purposes only and is not an offer of credit. *Additional requirements apply. Not all borrowers will qualify. V.I.P. Mortgage, 789 Lonesome Dove Tr, Hurst, TX 76054. Loan Officer License #84048
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment