Today, the Nevada Bond Program, the only active program with 100% financing, announced lower rates. Effective with new loan registrations on or after March 12, 2009, the Nevada Housing Division will adjust rates for the 2008 program as follows:
30 YR-FIRST MORTGAGE IS NOW 6.67% (it was 7.250%)
20 YR-2nd MORTGAGE, WHICH IS USED FOR THE DOWN PAYMENT ASSISTANCE, IS NOW 8.50% (used to be 9.250% )
The NHD bond program offers a first mortgage along with a second mortgage for down payment assistance of up to $10,000. Restrictions apply.
For details, please feel free to contact my preferred lender:
Aaron Gordon
Home Loan Consultant / Sales Manager
Countrywide Bank, FSB
Cell: (702) 283-2333
Office: (702) 304-8900
Secure eFax: 1-866-905-7922
10190 Covington Cross Drive #190
Las Vegas, NV 89144
email: aaron_gordon@countrywide.com
web: http://countrywidelocal.com/aarongordon
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