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Freddie Mac Additional Supplement for Mortgage Participation Certificates PCs Prepayment Penalty Mortgages ADDITIONAL SUPPLEME Form

Freddie Mac Additional Supplement for Mortgage Participation Certificates PCs Prepayment Penalty Mortgages ADDITIONAL SUPPLEME Form

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Taking a look at the horizon it's beautiful out there's so many places to live if you are looking to buy a house or condo there's a federal program that you might want to know about it's called the mortgage credit certificate program and today from Bank of Hawaii we have senior loan officer corps schema Baku here to tell us more good morning to you hi grace alright so tell me exactly what is this program sure the mortgage credit certificate program is a federal grant that was passed by Congress to help um public housing assistance for single families for low to moderate income levels okay so when we're talking about low to moderate income so what are we talking about how do you qualify for this type of loan or some other requirements are that the property that the buyer is going to be purchasing must be a purchase transaction it can't be a refinancing okay, so that means that basically the homeowner or the buyer needs to live in the property as an owner-occupant the second requirement

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