Bond Money

Information

 Wichita - Sedgwick County Kansas Bond Money Program
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Updated as of April 01, 2004.
Here's the scoop on the Bond Money Program...

2003 Series B Mortgage Revenue Bond Program

These Figures are estimates only and will be updated as information becomes available.

Loan Types:  FHA, VA, and USDA-RHS Loans
Interest Rate: 6.375% Call for updated rates.
Points: 1.0%
Term: 30 years
Buyers:
100% First Time Home Buyers/Owner Occupied in Non-Target Areas. 
(Have not owned a home in the past 3 years).
Benefit:
Receive 4% assistance towards closing costs and down payment of home.
Property Sales Price Limits for
Sedgwick, Butler, and Harvey Counties:
New Construction:  $125,800.00  Target Area $153,800.00
Existing Homes:     $ 96,580.00  Target Area $118,000.00
Income Limits by Family Size:
 
Non-Target Area
1-2 in Family
$59,000.00
Target Area
1-2 in Family
$70,800.00
Non-Target Area
3+ in Family
$67,850.00
Target Area
3+ in Family
$82,600.00
Recapture Rules Will be in Effect.
There is a limited supply of Bond Money available and will be issued on a first-come, first-served basis.   
If you are interested in participating in the Bond Program, please call us to schedule a loan application interview, or feel free to apply for a loan pre-qualification online.  Let us help you purchase your new home for less than it would cost you to rent one.    STEVE MOORE
 
 
Bond Money is Available on a First-Come, First-Used Basis.