SEMMCHRA's 2010 allocation is now available!
Home Qualifications:
The home purchase price may be an existing or new home with a purchase price limit of $237,031.
Purchaser Qualifications:
You may qualify if:
-you are a first-time homebuyer or have not owned a home in the last 3 years;
-you have acceptable credit;
-your gross household income does not exceed the following:
|
Household Size |
Income Limit |
|
1-4 Persons |
$72,900 |
|
5 Persons |
$78,800 |
|
6 Persons |
$83,800 |
Features:
-fixed interest rate (4.250% as of 7/22/10)
-30-year term
-$5,000 in down payment & closing cost assistance available to those who qualify
For the informational packet, click here.
If you have any questions, please contact Karen at
651-565-2638, ext. 201 or email adminhra@wabasha.net.