THDA Great Rate Program
Posted on | October 5, 2008 | 2 Comments
The THDA Great Rate program is a program designed for those who either have 3 to 5% of their own money to put down or an expectable gift from an approved relative to cover the required down payment.
It is called the Great Rate program because it has the best rate of all the first time buyer programs. You are rewarded with a good rate for being able to put your own money into the transaction and you are not required to take the Home Buyer Education class, though it is still highly recommended as you will get some great information and guidance through this education.
All other income and acquisition guidelines for these programs apply and you must use an approved THDA lender to carry out the transaction. The base loan can be either a FHA, VA or conventional and you will need to check with your lender to obtain the current THDA rates for this and the other two programs.
Tags: Conventional > FHA > First Time Home Buyer Education Class > first time homeowner > Great Rate > THDA > VA
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2 Responses to “THDA Great Rate Program”
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October 5th, 2008 @ 7:30 pm
[...] the rest of the post here: THDA Great Rate Program Read [...]
April 6th, 2010 @ 10:08 am
Love the new site Taylor. Great placement too for a THDA google search. Where d’ya do your video? Congrats!