Home Is Possible For Teachers Homebuyer Program / Real Estate Consultant

Home Is Possible For Teachers Homebuyer Program. Teachers: $10,000 in bonus money take the smart way home. Below-market fixed interest rate 30-year loan usable for down payment and closing costs.

Introducing Home Is Possible For Teachers Homebuyer Program

Home Is Possible For Teachers Homebuyer Program

Home is possible for teachers homebuyer program who make it their life’s work to educate young minds.

To show our appreciation, we’ve created home is possible for teachers homebuyer program.

This homebuyer program is like extra credit for teachers who help make Nevada a great place to live.

$10,000 Bonus Money Check Homebuyer Program

Homebuyer Program Key Benefits:

$10,000 in bonus money
Usable for down payment and closing costs
Forgivable after five years (if you stay in your home)
Below-market fixed interest rate 30-year loan
Statewide program
No first-time house buyer requirement
Can be combined with the Mortgage Credit Certificate (MCC) program with program fees discounted

Homebuyer Program Requirements:

Must be a licensed full-time K-12 public school teacher in Nevada
Qualifying income below $95,500
Home price below $400,000
Minimum credit score of 660
Government insured loans only (no conventional loans)
Teacher must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $675 on first mortgage
Funding amount available for 300 teachers, provided on a first come, first served basis