January 26, 2012 HOME HELP Update

by Tim Swierczek on January 26, 2012

Just announced:

Thursday, January 26, 2012

HOME HELP Program Updates

Increase in HOME HELP Amount
Effective for first mortgage Community Activity Set Aside (CASA) loan commitments on or after Monday, January 30, 2012, the HOME HELP amount is $10,000 up from $8,500.

MN Housing has also Revised HOME HELP Program Income Limits
Minnesota Housing has updated the HOME HELP Program income limits for 2012, which are effective for first mortgage Community Activity Set Aside (CASA) loan commitments on or after Thursday, February 9, 2012.

More information to follow as we get it.

Tim Swierczek, MMS

NMLS# 103522

 

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