277000 To Help Purchase a 2 4 Family Unit

Called ‘The Mortgage Insurance -Homes Program and referred to as Program #14.117 in the Catalog of Federal Domestic Assistance, this program helps people undertake home ownership. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one-to four-family housing, as well as to refinance indebtedness on existing housing. Maximum insurable loans are as follows: one-family $144.336; two family $184,752; three-family $223,296; and four-family $277,512; except that the Secretary may increase the preceding maximum dollar amounts on an area-by-area basis to the extent the Secretary deems necessary, after taking into consideration the extent to which moderate and middle income persons have limited housing opportunities in the area due to high prevailing housing sales prices, but in no case may such limits, as so increased, exceed the lesser of (A) 87 percent of the Federal National Mortgage Association’s Conforming Loan Limit, or (B) in the case of a one-family residence, 95 percent of the median one-family house price in the area, as determined by the Secretary; in the case of a two-family residence, 107 percent of such median price; in the case of a three-family residence, 130 percent of such median price; or in the case of a four-family residence, 150 percent of such median price. Designated areas of limited housing opportunities and maximum mortgage amounts may be obtained from local HUD Offices. Contact your local office of the U.S. Department of Housing and Urban Development.

Visit: www5.hud.gov:63001/po/i/netlocator/

We have Over 200 Programs Waiting For You!

What if you could access extra money for the things you need, without having to search endlessly to find it? What if you could find hundreds of programs quickly and easily, for less than a cup of coffee? Let us help you find access to programs that could change your current situation now. Whatever you need the money for, there are programs designed to help you now. We’ve been helping people for more than 30 years find and qualify for government funding. Hundreds Of Thousands Of Citizens Are Receiving Government Funding Now, Why Aren’t You? Find a program suited to your needs, and start helping yourself achieve the funding you desire!
  • Purchase a new family vehicle
  • Pay off your current credit cards
  • Clear any past due bills
  • Start a new business
  • Finally purchase that new home
  • Get funding for your non-profit
  • Get training in a new career
  • Go back to school
  • And much more!
Matthew Lesko

Find Funding For All These Life Expenses

You’ll receive access to these amazing services just by registering today:

  • 24/7 Email Access to answer ANY questions
  • Top-secret interview videos with government officials
  • The world’s most exclusive collection of Grants, Loans and other Free Services
  • 1-on-1 training with Matthew Lesko
  • Priority Notification of OVER 200 New Monthly Programs
  • Access to a team of experts to prepare customized reports
  • Assistance writing grants from trained Free Money Experts
  • Unlimited access to Matthew Lesko and His Researchers
  • – a dedicated team to help you find and utilize programs in your area
  • Free assistance filling out ANY government application
  Click here for more information

Leave a Reply

Your email address will not be published. Required fields are marked *