Operation HOPE will be hosting a seminar to provide information to the community about the Capital Bank Affordable Housing Program: The program is designed to help those looking to purchase a new home or refinance their existing mortgage! Basic Minimum Requirements*: – Minimum Cash Investment Required- No Private Mortgage Insurance (PMI) required- Maximum Loan to Value (LTV) = 100% financing- Maximum loan amount $250,000- Owner Occupied Residences Only – Not for Real Estate Investors- Applicant’s qualified income must be less than 80% of the Estimated MSA/MD/non-MSA/MD Median Family Income (found on )- Credit Score = 620+ *These are the basic qualifying requirements. Note: After the workshop you will have an opportunity to schedule a counseling session will a financial coach.