Sentences with phrase «maximum sale price of homes»
The maximum sale price of homes eligible for SONYMA financed mortgage loans is subject to the requirements of federal and state law.
http://www.nyshcr.org/ Not exact matches
The amount of money the borrower can receive is determined by the age of the youngest borrower, interest rates and the lesser of the home's appraised value, sale price and the maximum lending limit.
2 Columbia Bank $ 475 Low Fee Home Purchase Program limited to purchase money mortgages with a maximum sales price of $ 999,999.
While there are benefits to an appraisal, you can't assume that the market value offered in the report is the maximum price you'll get on the sale of your home.
A home's equity is taken as collateral, with the amount of money a person receives tied to a number of factors: the maximum lending limit, sale price, age of the youngest borrower on the title, as well as interest rates and the home's value.
The amount of money the borrower can receive is determined by the age of the youngest borrower, interest rates and the lesser of the home's appraised value, sale price and the maximum lending limit.
If a borrower has a credit score of 580 or more, they qualify for the maximum financing permitted by FHA which is 96.5 % of the sales price of the home.
To receive the maximum amount offered of $ 24,000, the sale price of the home sold or purchased must be $ 4 million or more.
The maximum sale price allowable may vary by SONYMA program, region of the state, and size of the home.
The amount you can receive depends on the age of the youngest borrower, current interest rates, and the lesser of the appraised value of your home, the sale price or FHA maximum lending limit.
So you could say a maximum rebate of 3,000 or 1.5 % whichever is less based on the closed sales price of the home they are selling.
Mark states that... «In my opinion, there is a real danger to consumers in trying to buy or sell their homes without the advice of a real estate professional... This will result in sellers not obtaining the maximum sale price for their homes and potentially involve them in unnecessary lawsuits from buyers.»