• EXPAND HOUSING AFFORDABILITY IN YOUR COMMUNITY
• NO RISK OR COST FOR MUNICIPALITIES TO PARTICIPATE
• DESIRED BY REALTORS, LENDERS AND HOME BUYERS IN YOUR AREA
• SEVERAL DOWN PAYMENT ASSISTANCE OPTIONS
• MORTGAGES FOR LOWER FICO BORROWERS (FHA 640+)
• AFFORDABLE INCOME SUBSIDIES
  • HELPS LOW AND VERY LOW-INCOME BORROWERS

The Basics

• Government and Conventional, 30-year fixed rate loans
• Up to 6% assistance as 3-year forgivable 2nd lien
• Primary residence, purchase only, no first-time homebuyer requirement
• No purchase price limits (set by Agency guidelines)
• Helps borrowers with income up to $139,200