Redevelopment Authority of the County of Washington
Countywide Homebuyer Assistance Program
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Eligibility:
2. The first- time homebuyer must not have owned a housing unit within the past 3 years unless she/he is a displaced homemaker.
3. Homebuyers must have the financial capability to provide cash payment of 3% of the purchase price of the housing unit for the purchase.
4. Moderate income homebuyers must have the financial capability to obtain an 80% mortgage from a participating lending institution.
5. Low income homebuyers must have the financial capability to obtain a 71% loan from a participating lending institution.
6. Homebuyers must successfully complete the Pre-purchase counseling class.
7. House Purchased must be occupied as the primary residence and the value after rehabilitation mus not exceed $152,000.
2. The first- time homebuyer must not have owned a housing unit within the past 3 years unless she/he is a displaced homemaker.
3. Homebuyers must have the financial capability to provide cash payment of 3% of the purchase price of the housing unit for the purchase.
4. Moderate income homebuyers must have the financial capability to obtain an 80% mortgage from a participating lending institution.
5. Low income homebuyers must have the financial capability to obtain a 71% loan from a participating lending institution.
6. Homebuyers must successfully complete the Pre-purchase counseling class.
7. House Purchased must be occupied as the primary residence and the value after rehabilitation mus not exceed $152,000.
Hours:
Phone/FAX Numbers
- (724) 228-6875
- (724) 228-6829 - Fax
Email Address: redevelopment@racw.net
Intake Procedure:
Intake Requirements:
Geographical Area:
Additional Services Offered at this Location:
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Redevelopment Authority of the County of Washington
Countywide Homebuyer Assistance Program
Countywide Homebuyer Assistance Program
