Zero interest mortgage loans
[PDF File]Zero Interest Program - Stanford University
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Zero Interest Program Summary Description The Zero Interest Program (ZIP) is a secured nonamortizing zero interest mortgage loan. A ZIP loan is not part of the required cash down payment. ZIP is to be used for a purchase, not to refinance existing mortgage loans.
INTEREST FREE LOAN AGREEMENT
INTEREST FREE LOAN AGREEMENT . This Loan Agreement, dated as of __, 2012April (th is “Agreement”) is made by and between Citizens of the World Charter Schools, a California nonprofit public benefit corporation (the “Lender”), and Citizens of the World Charter Schools - …
[PDF File]City of Wichita’s HOMEownership 80 Program First-Time ...
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First-time homebuyer assistance is provided in the form of a zero-interest, deferred (no monthly payments) loan. Facts About HOMEownership 80 Deferred Payment Loans The HOMEownership 80 Program deferred payment assistance loan is secured by a second mortgage on your new home, and is payable to the City when you sell your home, no longer
[PDF File]CALIFORNIA HOUSING FINANCE AGENCY CalPLUS …
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Jan 31, 2019 · The interest rate is zero percent (0.00%) and the payment(s) are deferred for the life of the first mortgage or until the property is transferred or the first mortgage loan is refinanced. The CalPLUS loan is not subject to Recapture Tax. (continued on next page) This handbook is valid for loans rate-locked 1/1/19 through 1/31/19
[PDF File]Maryland Mortgage Program Maryland HomeCredit Program
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Maryland Mortgage Program •DPA loans have a zero percent interest rate, deferred for the life of the first mortgage •DPA grants are outright grants—not repayable •Some products don’t have DPA, but usually have lower interest rates UPDATES
[PDF File]Clinician Educator Greater Bay Area Zero Interest Loan
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Clinician Educator Greater Bay Area Zero Interest Loan Summary Description The Clinician Educator Greater Bay Area Zero Interest Loan (CE-ZIG) is a secured nonamortizing mortgage loan with no interest. A CE-ZIG loan is not part of the required cash down payment. CE-ZIG is available for purchase only, not to refinance existing mortgage loans.
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