Step Up Mortgage Program

All it takes is a big unexpected expense or a few months of unemployment and you re behind on your mortgage or tax payments.

Step up mortgage program.

Downpayment and closing cost loans up to 17 000. Affordable fixed interest rates for the life of the loan. Step up is a homeownership program designed specifically for moderate income home buyers who can afford a mortgage but need help with the down payment. Drawing on research evidence step up is mobilizing thousands of high school physics teachers to reduce barriers and inspire young women to pursue physics degrees in college.

Not all mortgage solutions may be eligible to be included as part of step. Comparison rates are based on a loan of 2 500 over a term of 2 years. The step up program has a purchase loan if you re a current homeowner or owned within the last three years and want to buy a different home. The minnesota housing start up loan program can make homeownership fit your budget.

See your credit scores from all 3 bureaus. As little as 3 down with our exclusive conventional loans. The movin up program has been designed to help moderate income homebuyers purchase a new residence. The step forward michigan program can help you catch up.

Can be used to purchase vehicle home maintenance and repair furniture and white goods and medical and dental expenses. Step up helps low to moderate income applicants achieve their homeownership goals by providing down payment assistance. You can also use step up to refinance your current home at an affordable fixed rate. The down payment funds are secured by a 10 year second mortgage and are combined with a 30 year fixed rate first mortgage.

Some conditions may apply. A new application may be required to add or change products under the step in some circumstances. The funds are made available in the form of a 10 year second mortgage and are combined with a 30 year fixed rate first mortgage. Subject to meeting scotiabank s standard credit criteria residential mortgage standards and maximum permitted loan amounts.

To be eligible to apply you must. A safe low interest loan for people on low incomes. Our lesson materials are research driven and will help shift deep seated cultural views about who does physics. Unlike our more commonly known homebuyer programs movin up does not have a first time homebuyer requirement and is geared toward home buyers who might have outgrown their current residence or just want to make a change.

Have lived at your address for more than 3 months. Affordable fixed interest rates for the life of the loan. But you don t have to let your home get away from you. A small loan can be a big stepup safe affordable low interest 5 99 p a.