New Program To Help You Buy A Home

POSTED BY: George Hiotis
Thursday, January 16, 2003 - 06:10 AM
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There is a new program to help you buy that dream home. The Ohio Housing Finance Association is introducing a program that will allow home loan applicants to receive a 20-percent tax credit. Century National Bank Vice President Bruce Kolopajlo says it’s a great program that will allow people that want to build a new home to get lower interest rates. He says for example: a loan applicant would typically pay six-percent for a 30-year fixed mortgage. If they purchase a home within the sale limitations as well as meet the income requirements, their rate could be as low as four-point-eight percent on that type of loan. If you are interested in learning more about the program you can call Century National Bank at 740 454-6892.

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