They will loan the borrower 5%, up to $10,000 for down payment or closing costs!!!!!!!
The best program in Montgomery County, now even better.
"HOC RAISES INCOME LIMITS"
PLEASE SHARE THIS IMPORTANT INFORMATION WITH ALL !!!!!!
CONTACT YOUR CLIENTS AND POTENTIAL CUSTOMERS !!!!
EFFECTIVE WEDNESDAY, MAY 6, 2009 the Housing Opportunities Commission approved the INCREASE IN THE INCOME LIMITS for the Mortgage Purchase Program and Closing Cost Programs.
NEW INCOME LIMITS:
1 $ 86,268
2 $ 123,240
3 $ 143,780
NO CHANGE to the MAXIMUM SALES PRICE: $ 429,619 Existing and New Properties