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Earlier this month the Sunset Commission, a Texas government institution that oversees state. You then note several problems with the B-On-Time Loan program, presumably attributable to THECB.
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Mortgage rates valid as of 29 Aug 2019 09:31 am EDT and assume borrower has excellent credit (including a credit score of 740 or higher). Estimated monthly payments shown include principal, interest and (if applicable) any required mortgage insurance. ARM interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM and 10.
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Two borrowers lost their homes after struggling to repay the loans, and others have been threatened with foreclosure. Many say they have paid thousands out of their own pockets to fix the work after.
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