Approved candidates may receive up to $2,500 in mortgage credits.
Qualifications:
First-time homebuyers
At least one of the borrowers must be purchasing their first home.
Using Home Possible Mortgages
The mortgage must be a Home Possible Mortgage.
Within income limits
The Borrower’s qualifying income converted to an annual basis must not exceed 50% of the Area Median Income for the location of the Mortgaged Premises.
