Introducing HOME IS POSSIBLE for teachers!
Through the years, many different Loan Programs have came and gone. My Team and I have been working with Home Is Possible for over two years now. We have the experience and staff available to provide excellent service from start to finish.
Please feel free to reach out if you have any questions or concerns. This is a great program for all parties involved. Let's take advantage of it while it's still here, THIS PROGRAM IS ON A FIRST COME FIRST SERVE BASIS!
$10,000 in bonus money Usable for down payment and closing costs
Forgivable after five years (if you stay in your home) Below-market fixed interest rate 30-year loan
No first-time homebuyer requirement
Can be combined with the Mortgage Credit Certificate (MCC) program with program fees discounted
Must be a licensed full-time K- 12 public school teacher in Nevada
Qualifying income below $95,500
Home price below $400,000 Minimum credit score of 660 Government insured loans only (no conventional loans) Teacher must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements One-time fee of $675 on below-market fixed interest rate first mortgage
Required to record a second mortgage and pay associated fees
Funding amount available for 300 teachers, provided on a first come, first served basis