In response to rising interest rates, INHP has developed an innovative mortgage loan program offering a fixed, affordable – and optimal – interest rate that may fit your budget.
Using the Rate Optimizer, INHP can lower the interest rate on its standard 30-year mortgage up to 3 percentage points. The rate reduction will depend on your household income and other eligibility factors. For example, a single person earning up to $54,150 may be eligible for an interest rate reduction of 3%, or a household of three earning between $70,000-104,000 may be eligible for a 2% rate reduction.
This loan program also requires:
- 1 to 3% down payment
- Minimum 550 credit score
- Home purchased must be the primary residence and in Marion County
Interested in the Rate Optimizer loan program? Click here to learn more and find out if you qualify.