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Sunday, March 22, 2009

 

Great Lending Program for Teachers

Here is a great lending program for teachers. I found this from one my Charleston, SC clients who had asked about it. The Palmetto Hero Program:

Here are some features of this special mortgage program :

*

30 Year fixed rate of 5.875%
*

Up to $7,000.00 in Forgivabe Down payment Assistance available.
*

Loan amount up to $284,050.00
* The amount of down payment assistance, income limitations and loan amount is dependent on county of residence.

* Loans are on a first come first serve basis and the program is limited to $20 milion dollars.

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