Thursday, June 23, 2011

KHC Mortgage Interest Rates as of 06/21/2011, 9:00 a.m. ET

KHC Mortgage Interest Rates as of 06/21/2011, 9:00 a.m. ET

Rates subject to change without notice.

700+ Credit Score Mortgage Revenue Bond (MRB) Interest Rates

•KHC-funded down payment assistance not available with these rates

*Government Rates only

4.250%

4.625%

640+ Credit Score Mortgage Revenue Bond (MRB) Interest Rates

•KHC-funded down payment assistance may be utilized with these rates


Government Rates only

4.500%

4.875%
\
* Government includes FHA, RHS, and VA.

•No manufactured housing allowed

**At the present time, KHC is not offering a conventional product at 81% or greater LTV.

Increased Regular DAP Beginning with reservations on or after Friday, July 1, 2011, the Regular Down payment Assistance Program (DAP) will increase to $6,000.  The interest rate will remain 6 percent, but the term will increase to ten years.  The MRB Program Guide has been updated.   The monthly payment for $6,000 at 6 percent interest over ten years is $66.61. 


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