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There are two major positive points to the latest HOC mortgage system:

There are two major positive points to the latest HOC mortgage system: Montgomery County 3% advance payment recommendations forgivable financing. Montgomery County brings HOC borrowers a 3% financing to afford greater part of the fresh down payment. This financing try forgiven immediately following staying in the property for five years as the a primary home. To have consumers exactly who and work with Montgomery County, the fresh condition may also promote good repayable financing of five% of your own conversion rate, to $10,000. (altro…)

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