The Breeze in Raleigh Real Estate

Community Development Mortgage Program

Only 2% down

•     Income limits are less than 80% of HUD's median family income.
•     Income limits can be waived if they purchase a home in a low to moderate-income census track.
•     620 Plus credit scores.
•     30 year fixed rates with No Mortgage Insurance.
•     2% down payment, if the property is in a declining market it's only 3% down.
•     Down payment can be a gift.
•     Expanded debt ratio's up to 42%.  No housing ratio.
•     Primary residences only
•      Call for more details