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14.172: Mortgage Insurance Growing Equity Mortgages

Alternate Name: GEMs

Overview

Program Number
14.172
Status
Inactive
Agency
Assistant Secretary for Housing - Federal Housing Commissioner [HUD]
Last Modified
July 26, 2016
Date Posted
Aug. 3, 2014
Objective
To provide a rapid principal reduction and shorter mortgage term by increasing payments over a 10-year period, thereby expanding housing opportunities to the homebuying public.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
All persons intending to occupy the property are eligible to apply.
Beneficiary Eligibility
Individuals/families.
Related Programs
  • 14.163 - Mortgage Insurance Single Family Cooperative Housing
  • 14.108 - Rehabilitation Mortgage Insurance
  • 14.133 - Mortgage Insurance Purchase of Units in Condominiums
  • 14.159 - Section 245 Graduated Payment Mortgage Program
    • Grant Awards

    Mortgage Insurance Growing Equity Mortgages direct grants

    Grant Opportunities

    Mortgage Insurance Growing Equity Mortgages grant and assistance application opportunities