WCDA Press Release – for Immediate Release – May 22, 2009
This new “Spirit” program provides 30 year, low interest mortgages to qualifying applicants in the following classifications:
“active military or military veteran, community & social services occupations, education, training, and library occupations, healthcare practitioners & technical occupations, healthcare support occupations, & protective service occupations.”
Applicants must meet income and purchase price limits. This program is NOT limited to first-time homebuyers. Loans are limited to new loans for new-built or existing principal residences.
“Mortgages will have a step-rate that begins at 2.50% for years one through four; 3.00% for years five and six; 3.50% during years seven and eight; 4.00% for years nine and ten; and then becomes fixed at 4.50% for years eleven through thirty.”
“Because of the volume of specific occupational, military and county-based income detail, interested homebuyers are encouraged to visit the WCDA’s website, www.wyomingcda.com.click here Then, click on the “Wyoming Spirit Program” link on the home page. Homebuyers can also ask a participating lender or call the WCDA with quesitons, (307) 265-0603.”
Note: The preceeding information has been directly quoted from or paraphrased from the WCDA Press Release.