Fixed Rate Of Interest
At the time of February 2019, 47 loan providers took part in the only Mortgage Program. Those lenders provide first-time homebuyers a discounted 30-year, fixed-rate home loan. You will find no actual points charged by these participating loan providers.
Minimal Advance Payment
Residence buyers must place a minimum down of 3 per cent regarding the price when purchasing a single-family home, condominium or two-family home. (more…)