SBCTA administers Measure I revenue and is responsible for determining which projects receive Measure I funding and which are implemented. Measure I funds are allocated based on the Measure I 2010-2040 Ordinance and Expenditure Plan and the Measure I generated within a subarea is returned to that subarea for allocation.
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West Ken-Lark FHA Loans FHA loans with terms of 15 years or less qualify for reduced MIP, as low as 0.45% annually. In addition, there is an upfront mortgage insurance premium (UFMIP) required for FHA loans equal to 1.75.
Benefits of FHA Loans: Low Down Payments and Less Strict Credit Score Requirements. Typically an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit. For FHA loans, down payment of 3.5 percent is required for maximum financing.
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An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan which is provided by an FHA-approved lender. FHA insured loans are a type of federal assistance and have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford.
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Winston FHA Loans FHA 203k and other rehab home loans give buyers the advantage of shopping for a property in Winston-Salem based on location and affordability since many of their desired property upgrades and amenities can be added to the home within a short period after closing.