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Information for Single-Family Lending and Real Estate Professionals
 
Program Announcement

February 3, 2010
New Home for You Announcement

The Commission is pleased to announce the funding of A New Home For You Pilot Program for newly constructed never occupied homes.  680+ credit score required.

Issue Amount

$10,000,000.00

Interest Rates

4.75% with 2 Points
5.00% with 1 Point
5.25% with 0 Points
(Inclusive of Origination point)

Loan Term

30 Years

Date of Availability

Loan reservations will be accepted for A New Home For You for newly constructed never occupied homes beginning 02/03/10. In conjunction with a New Home For You, House Key Plus downpayment assistance funds have a reduced rate of 3% amortized over 10 years subject to availability.  Please see flyer on our Website at www.wshfc.org/buyers/key.htm

As of 2/3/2010, The Express Loan Program has been suspended until further notice.

E-mail Addresses

The Commission currently provides Program Announcements via e-mail. Please provide your e-mail address to lisa.debrock@wshfc.org.

   

 
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