Payment on all mortgages must be current
Property taxes, water/sewer & trash fees must be current
(if not, a signed payment plan with the Holbrook Treasurer must be in place)
Homeowners insurance policy premium payments must be current
You must have 20% equity in your home
(ie; your mortgage balance must not be more that 80% of the current assessed value of your home,
or have an appraisal not more than 6 months old
Applicants income must fall within the Dept of Housing &Community Development Income Guidelines
| 
