It is available for customers who are purchasing a single-unit property that they will occupy. In some cases, an income limit may apply. In addition, customers may have a higher portion of their income consumed by debt than traditional loan programs. It is available for customers who are purchasing a single-unit property that they will occupy. In some cases, an income limit may apply.
Program targets our nation's central cities and underserved areas.
In these areas, customers may have a higher portion of their income consumed by debt than traditional loan programs. By doing so, the customer likely reduces their loan balance and monthly payments and increases their equity in the property. It is available for customers who are purchasing a single-unit property that they will occupy. In some cases, an income limit may apply. General Tips for Affordable Housing Products Income limits vary by area and are updated periodically.