My wife works in a high school as there computer tech. If I'm reading this right this is loan is not only for teachers. Heres what it says.
a full-time employee at the elementary or secondary education level in a public or private school (in any capacity, including but not limited to teacher, administrator, librarian, counselor, administrative support and custodial staff) who is either (i) state certified, (ii) in the process of becoming state certified, or (iii) employed by a school that is recognized by a state or accredited by a state or regional accrediting association
I believe she would fall into the administrator support section, she wouldnt be state certified, so I'm guessing she would be under iii. Anyone know about this part?
Our bk will be 2 years old in Nov and our scores are in the low-mid 600's. Were just starting to save so downpayment is very low This looks like a great loan for us or I could be wrong. Anyone have any info on this type of loan or has anyone ever done one like this?
Thanks for any responses, and if I'm wrong and its only for teachers :oops: