Attention Teachers, Firefighters or Law Enforcement customers. Have you consider the Good Neighbor Next Door Program? This program is available with a regular FHA insurable property or an non-insurable FHA property with a 203K renovation loan.
Good Neighbor Next Door Program
*Financing program which is a neighborhood revitalization initiative provided through HUD.
*All properties are located in a revitalization area
*Designed to encourage law enforcement officials, eligible teachers, firefighters and EMTs to live in the low-to-moderate income neighborhoods where their work.
* Offers 50% zero-interest, forgivable silent second and $100down payment on a HUD PD.