Homebuyer Process Income Guidelines 2008 Houses For Sale Homes Sold 2007 What is a CLT? Geographic Area - Maps.htm Links News

 

 

 

                            


Two Rivers Community     Land Trust is able to sell a home to households with incomes between:

How do I Buy A House? The purchase process moves as quickly as you are able to complete it. Two Rivers CLT homebuyer orientation course includes education on community land trusts, you are provided our application and process checklist:

Community Land Trust Orientation Click here for the next available orientation classes.

Two Rivers CLT Application & Income Verification

First-time Homebuyer Course Click here for Home Stretch course information and times.

Two Rivers CLT Approved Mortgage Lender- A list of lender's will be provided to you after your successful completion of the income verification/credit screening process.

 

Annual Gross Income

Household Size

No Higher Than

No Lower Than

1

$43,050 $35,000
2 $49,200 $35,000
3 $55,350 $35,000
4 $61,500 $36,000
5 $66,400 $36,000
6 $71,250 $37,000
7 $76,250 $37,000
8 $81,200 $37,000

3880 Laverne Ave. N.      
  Ste 275,
 Lake Elmo, MN 55042
(651) 994 -9194

   

Community land trusts (CLT) own land under a house & the owner owns their home.

 

Advantages of CLT: homeownership,

a reduced mortgage,

wealth creation -the owner receives 25% of the increase in value of their home when they choose to sell their home.

                        Last Modified: 08/06/08     Search      Site Map      Links      Contact Us Home
                            Two Rivers Community Land Trust   3880 Laverne Ave. N. Suite 275, Lake Elmo, MN (651) 994 -9194 
 
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