Here are highlights of the program right from their website:Program Benefits-A 30-year fixed interest rate mortgage loan, several rates and loan options available-Down payment assistance (DPA) 3% to 5% of the loan amount-You do not have to be a first-time homebuyer-DPA provided as a grant (never needs to be repaid) or 3-year deferred forgivable second lien loan-Available statewide through a network of participating lenders.

I recently had a baby girl and am extremely anxious about getting stuck in the rat race and not providing the life she deserves.

One time close construction loans are prepackaged programs, but regular construction loans  provide more flexibility regarding loan structure and terms .

The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.

I value that because those tenants provide me with low turnover costs, low maintenance costs, and require very little time of my time.

Hi Richie, zillow&redfin These platforms provide property details, including ownership information in some cases.

Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.

Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.

Even if you are looking at a time frame of 12-15 years later, the initial investment you would make may not provide you with big returns.

We just notify them certified mail and provide MHA the request form, 3 comps and proof that the tenant was notified of the increase 60 days prior.