Most people have five vertebrae in their lumbar (lower back) region, which are named L1 to L5. However, some people possess an additional lumbar vertebra located below the L5. This extra vertebra, known as the L6, is called a transitional vertebra.ost people have five vertebrae in their lumbar (lower back) region, which are named L1 to L5. However, some people possess an additional lumbar vertebra located below the L5. This extra vertebra, known as the L6, is called a transitional vertebra.
There are 6 different types of programs that you may qualify for. FHA requires a minimum down-payment of 3.50% for borrowers with a minimum credit score of 580. FHA requires a minimum down-payment of 10.0% for borrowers with credit scores below 580. FHA loans have been helping people become homeowners since 1934. The FHA insures the loan, so you can get a better deal.
The Down Payment Assistance Program provides assistance to qualified first time homebuyers for down payment and closing costs associated with purchasing a home. The amount of assistance provided will be determined based on your household income. A household can qualify as very low income, low income, and moderate. Please refer to the income chart in the Learn More section of this web page to access the income limits. The amount of assistance available is from $10,000 to $30,000. All applicants must complete a pre-purchase homebuyerâs education program, and secure a first mortgage.