• Must be used with 203ks mortgage
  • single family detached or 2 family structure being converted to 1 family
  • 0% interest if owned for a minimum of 3 years after closing, forgiven after 10 years
  • No maximum income limit
  • 3.5% of acquisition cost maximum amount of $6,000
  • NO income limits
  • You do NOT have to be a 1st time home buyer

 

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