Bond Program For Home Buying -

Unlike traditional mortgage loans from commercial banks, bond programs use public financing to offer unique benefits to borrowers.

State-backed initiative with competitive rates and closing cost help. bond program for home buying

The primary goal of a bond program is to lower the barrier to entry for first-time buyers. bond program for home buying

Because these programs use limited public funds, they have strict criteria. bond program for home buying

: You must use the home as your primary residence ; moving out or renting it can trigger immediate repayment of assistance loans.