Lenders and Real
Estate Professionals
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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.