HomeChoice Downpayment Assistance Loan System

HomeChoice Downpayment Assistance Loan System

HomeChoice is really a downpayment help, 2nd home loan system for qualified borrowers who’ve a impairment or who possess a family member having a impairment coping with them. Funds as much as $15,000. HomeChoice combines with House Key and Home Advantage mortgage that is first programs. One-on-one counseling is necessary.

STARTING OUT

The first rung on the ladder is to meet up with with HomeChoice Lender in your town that is trained regarding the HomeChoice system. The HomeChoice Lender will figure out if you should be qualified to receive the HomeChoice second home loan system and certainly will then refer one to a freeHomebuyer Education Seminar and a HomeChoice trained company. For extra trained lenders or companies, please Schmitz@wshfc.org that is emailDietrich or call 206-464-7139 or 800-767-4663.

SYSTEM DESCRIPTION

The HomeChoice 2nd Mortgage system is a Downpayment Assistance Program for low- to-moderate earnings people who have a impairment or who possess a member of the family by having a disability coping with them and be eligible for Home Advantage very first home mortgage system. A 1.00per cent rate of interest from the Downpayment Assistance loan system for first-time homebuyers (borrowers that haven’t owned and occupied their primary residence when you look at the previous 36 months). Continue reading “HomeChoice Downpayment Assistance Loan System”