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1999-08-23 Regular Meeting
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1999-08-23 Regular Meeting
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
8/23/1999
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<br />6.62598 Mortga~e Loans <br />with <br />5.25% Down Payment <br />Assistance <br /> <br /> <br />You must meet certain income, purchase price and credit guidelines. The program provides <br />for 3D-year, fixed rate mortgage loans (FHA, VA, USDA-RD or Fannie Mae eligible <br />conventional) at the rate of 6.625%. All loans include down payment assistance equarto <br />5.25% of the original loan amount. <br /> <br />These loans are available through a program of the Southeast Texas Housing Finance <br />C~rporation (SETH). Ibe progl]lm is open to home bUy~~ ~~~ ~~h~7g~ en~~':~ <br />Liberty. Matagorda. Walker. Waller. and Wharton Countl _ I _'tJ.. <br />Park. Dickinson. LaMarque. La Porte. League City. Pasadena: Santa Fe~Sh'o~'""a~;;. T;;;~ <br />Citvand Tomball. <br /> <br />Interested potential home buyers may contact SETH at 281/484-HOME, or they may contact <br />one of the participating mortgage lenders under the program: <br /> <br />Accubank Mortgage Corporation <br />(Dan Aaron, Webster, 281/332-1105) <br />CTX Mortgage Company <br />(Bob Tavel, Pasadena, 713/475-8383) <br />Eustis Mortgage Corporation <br />(Don Marion, Houston, 281/286-5413) <br /> <br />Hammersmith Financial <br />(Steve McCleod,Houston,281/333-8301) <br />North American Mortgage Company <br />(Deana McClellen, Houston, 281/486-8888) <br />Sterling Capital Mortgage Company <br />(Russell Schroeder, Clear Lake, 281/333-3343) <br /> <br />@ <br /> <br />IQIIAL -... <br />0I'I'CI1lTU1IITY <br />
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