San Marcos Residential Homebuyer Incentive Program
(Revised January 2019 ... Loan Estimate or Letter of Funding Approval from Mortgage Lender. Executed Contract for Purchase of Real Property. mortgage lender ... (36) months. I understand that the form of program incentive to be provided is a $5,000 zero-interest loan that will be forgiven at a rate of twenty percent (20%) per year for each full ... ................
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