Archive for Archive for February 18th, 2008
What Are The MMP+2% and MMP+3% Programs?
The MMP+ 2% program is a premium priced first mortgage program that offers a first mortgage (at a slightly higher interest rate) that provides borrowers with a 2% closing cost assistance grant. The grant is repayable in full upon sale, transfer, or refinance within the first four years from date of closing; it is completely […]