The HOC Program & Embrace Home Loans offers up to $22,510
for DOWN PAYMENT AND/OR CLOSING COST MONEY
In Montgomery County, MD
for 1st TIME HOME BUYERS.
30-Year Fixed Program Rates*
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"First Time Home Buyers" are home buyer who have not owned an interest in real estate for the past 3 years.
Available in Montgomery County, Maryland only with FHA or Conventional financing.
Income Limits apply:
1 person: $89,160
2 persons: $127,320
3 or more family size: $148,540
Call to qualify, 800-333-3004 x3801.
3% Purchase Assitance Loan - Fully forgiven after living in the home for 5 years!
Ex: $417,000 1st Loan = $12,510 towards down payment.
AND /OR
Up to $10,000 Down Payment/Closing Cost loan has a 5% interest rate and is repaid over 10 years - ex: $106.07 monthly payment for full $10,000 Loan. One buyer must work in Montgomery County to be eligible to receive this loan.
Homebuyer classes required to educate First Time Home Buyers on the details of home ownership.
Minimum credit score of 640 is required. Call Tina for a FREE and confidential credit report review, 800-333-3004 x3801.
There are also other FIRST TIME HOME BUYERS programs in Maryland, DC, Virginia & Florida. Home buyers may be eligible for Grants, 100% financing and other no down loans. Tina is experienced with all types of financing including Conventional, FHA, VA, MMP, HOC, VHDA, DC Open Doors, & USDA.
Courtesy of Tina Del Casale, Sr. Loan Officer, NMLS#191852
www.Embracehomeloans.com/tina-delcasale, 800-333-3004 x3801.
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