Washington State Housing Finance Commission
Homeownership Programs
HOUSE KEY PROGRAM ANNOUNCEMENT
NEW HOUSE KEY PROGRAM FUNDS AVAILABLE
The Commission is pleased to announce the availability of additional House Key funds.
Amount: $13,500,000
Interest Rates:
5.50% with 2 Points
5.75% with 1 Point
6.00% with 0 Points
(Inclusive of Origination point)
Lender Net: 1.5%
Reservation Period: 90 days
Loan Term: 30 Years
Date of House Key Funds Availability
Loan reservations will be accepted beginning 05/04/2009 via the Mitas Loan Reservation System.
Program Comments
-
40 Year and Interest Only conventional loans are not available.
-
Express Loan Program first mortgage funds are available for conventional loans only. The House Key Plus Program (up to $10,000) may be used for down payment assistance in conjunction with this program.
No comments:
Post a Comment