What downpayment & mortgage assistance for Peace River Villas is available?
Peace River Villas has 5 great downpayment & mortgage assistance programs available upon qualification: 1. The 2007/2008 First Time Homebuyers 100% financing 5.59% 30-year fixed plus free gifted 5% non-repayable downpayment cash. 2. SHIP gives up to $13,000 and is paid after the 30 year mortgage with zero interest and no points. 3. HOME gives up to $25,000 forgivable after 10 years of owner occupancy. 4. Fannie Mae Energy Efficient Mortgage: 100% mortgage with minimum borrower contribution of the lesser of 1% or $500. 5. HOP gives a 0% deferred second mortgage loan for the lesser of 25% of the purchase price of the home or the amount necessary to meet underwriting criteria.
