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For our Good Neighbors

Envoy Mortgage is pleased to announce we now offer the FHA Good Neighbor Next Door Program.

The Good Neighbor Next Door program is a HUD program designed to help borrowers in certain lines of work obtain homes at deeply discounted prices.

To be eligible, the borrower must be a law enforcement officer, pre-Kindergarten through 12th grade teachers or firefighters/emergency medical technicians. If the borrower purchases a qualified HUD REO, HUD will give a 50% discount from the list price in the form of a silent second lien that is waived in full if the borrower lives in the property for at least 36 months.

Eligible properties are HUD REO homes located in “revitalization areas”. A list of eligible homes can be found at http://www.hudhomestore.com/HudHome/Index.aspx

Make sure that select “Good Neighbor Next Door” as your Buyer Type when searching at the website above.

Search Properties: Good Neighbor Next Door Oconomowoc Mortgage Wisconsin California Home Loans

Additional information on this program can be found at: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/goodn/gnndabot

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