Monthly Archives: March 2010

Construction lending

First Place Bank is still doing construction-permanent financing loans for buyers as well as end loans. Construction-permanent loans are for buyers building a new home- they may or may not already own the land. The construction loan closes before construction … Continue reading

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Welcome Home Grant Funds Update

All Welcome Home Grant funds have been exhausted at this time. Look for an update if any more funds become available.

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OHFA Grant for Grads program

The Ohio Housing Finance AGency has a new Grants for Grads program! it’s a 2.5% of the sale price grant that is forgiven 20% over 5 years that the buyers live in the property that can be used for closing … Continue reading

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USDA RURAL HOUSING PROGRAM SUSPENDED

The 0 down /NO PMI USDA rural housing guaranteed program has been suspended due to imminent lack of funding for the program. That leaves us with the VA loan program as the only 0 down program available as of now. … Continue reading

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