Low Interest Loans

HomeChoice offers single-family mortgage options designed to meet the mortgage underwriting needs of people with disabilities or those who have a family member with a disability. HomeChoice mortgages offer flexibility in the areas of loan to value ratios, down payment amounts and sources, qualifying ratios, and the establishment of credit.

*Funded using Olene Walker Housing Funds

  • Any person with a disability (or household that includes a person with a disability), as defined by the Americans with Disabilities Act of 1990 or by the Fair Housing Amendment Act of 1988.

  • Up to $70,000 per household

  • 30 year term

  • 1% interest rate (only for HomeChoice funds)

  • Must meet same requirements as first mortgage

  • Funds may be used for purchase (including first time purchase), or refinance

  • Parents may be considered as non-occupant co-signers (parent income isn’t counted for income limits) for a child with a disability.