Assistance Amount:  5%, 6%, or 7% of the total First Mortgage Loan Amount and is structured as a Second Mortgage.

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

First Time Homebuyer Requirement:  No

Income Guidelines Apply:  Yes, see link to income guidelines)

Restrictions:  No manufactured housing.

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