What is the Difference Between Targeted and Non-Targeted Areas? A targeted area is an economically distressed area designated by the U.S. Department of Housing and Urban Development (HUD). Special incentives are given for applicants purchasing homes in federally designated Targeted Areas. Some of these incentives are: You can make more income and purchase more home since the Household Income and home Purchase Price Limits are higher. Click here to see Household Income and Purchase Price Limits per county. Mortgage Credit Certificates are available for non-first time homebuyers if they are buying a home in a Targeted Area. First Time Homebuyer is someone who has not had … (0 comments)
I literally fell into this business, 42 feet to be exact. Straight down an elevator shaft 17 years ago. Ever since I have been a Colorado loan officer - My goal is to always make the loan transaction as stress free as possible and to always close on time. For some reason lenders forget that contract dates actually mean something. Go figure...right? Weird, I know! - I Currently sponsor weekly training webinars that feature ways to help your business by presenting cutting edge, innovative technology, strategies and transforming ideas to meet current market conditions. - I believe that success breeds success and that we are at our best when we are helping others to succeed. Basically a Zig Ziglar fan. :)
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