<strong>First Mortgage Loan Types: </strong>
<ul>
	<li>FHA 30-year fixed rate 203(b) and 243(c)</li>
	<li>Rural Development Guaranteed Loan</li>
	<li>HUD Section 184 Loan</li>
</ul>
<strong>Assistance Amount:</strong>  5%, 6%, or 7% of the total First Mortgage Loan Amount and is structured as a Second Mortgage.

<strong>Second Mortgage Loan Terms:</strong>  20-year fixed rate fully amortizing at 7.375% interest (subject to change) No pre-payment penalties.

<strong>First Time Homebuyer Requirement:</strong>  No

<strong>Income Guidelines Apply: </strong> <a href="http://reidownpayment.org/wp/wp-content/uploads/2013/04/incomeguidelines.pdf">Yes, click here for income guidelines</a>

<strong>Restrictions:</strong>  No manufactured housing.

<a title="Contact" href="http://reidownpayment.org/?page_id=10">Contact us today</a> for more information.