Last of TDHCA Bond 77 money rates Surge to 5.60%
By Henry D, Nationwide Construction, Rehab,Conv & VA/FHA/USDA
Authorized Mortgage Banker for Bond 77 The rate for the TDHCA bond 77 increases to 5.60% program will soon come to an end! Bond 77 allotment 8 funds are now exhausted. The new allotment #9 is now 5.60% To take advantage of this rate before rates go higher you need to fill out our online application here as soon as possible before funds are exhausted. Because of the demand that this has put on the program it will expire on 4/15/2011 or when funds are exhausted, whichever comes first. To put this into real Terms for a $100,000 home your payment is now: $39 more than under lot 7 You will Pay $14,000 more in interest than under lot 7 It should be noted originally allotments were $50 million each. They are now $30 million so this is a sign that this program will be gone for good. As...
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