CDBG and HOME Proposed Guideline Revisions 4-15-2014.docx

May 04, 2020 · Criterion #6: Subordination requests involving the pay-off of consumer debt shall not be approved in situations where the financial position of the household is not benefited over the long term (i.e., in cases where total monthly housing and revolving debt payments are increased, where the proposed interest rate of the new loan is higher by 2 ... ................
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