Wolf & Company Housing and Mortgage Finance Programs
	In today’s standard assembly line, affordable housing, and mortgage marketplace, inevitably some one gets left out. We insure that you, the client, are provided a housing/mortgage product or program drafted to your individual needs, risk parameters, and geographical specifications. At Wolf & Company, housing and mortgage products are designed and marketed with attentive care, and uncommon resources, customized specifically to meet these individual needs.
	Single Family Housing Programs
	Tax Exempt Programs
	Single family housing bonds are issued by local or state governments to provide permanent loan financing for first time low to moderate income home buyers through the selling of tax exempt mortgage revenue bonds (MRBs). The tax exempt status of the bonds provides a subsidy to the home buyer in the form of a lower loan interest rate. However, eligible applicants must meet the criteria as first time home buyers. They are subject to income and purchase price limits, and must purchase the home as their primary residence.
	Taxable Programs
	Taxable single family housing bonds are issued by local or state governments or other political subdivisions of a state and not for profit corporations, to assist home buyers in acquiring homes by providing a source of mortgage financing that includes down payment and closing cost assistance. These taxable mortgage programs usually provide 4 to 7 points for down payment and closing cost assistance. They do not have first time home buyer restrictions, and income limits are generally higher than those under tax exempt (MRB) programs. No state bond cap is required, and mortgage money is continually available. The home purchaser must also use this as their primary residence. Wolf & Company and its principals, have participated in over $17 billion of private, state, & local single family mortgage backed securities.
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