Reply
Valued Contributor
1111mel
Posts: 1,060
Registered: ‎02-13-2008
0

What does "AMFI" mean?

...when looking at first time home buyer assistance.

 

Basically the Texas First Time Home Buyer program only has money left for a 105% to 115% AMFI and I have no idea what this means.... 

Mortgage Lenders Mid-Score 778 I AM A HOMEOWNER!!!!! 30 Year 5% Fixed Rate, closed on 3/18/09
Super Contributor
DallasLoanGuy
Posts: 6,346
Registered: ‎07-03-2007

Re: What does "AMFI" mean?

Area Median Family Income



* While I try to visit the forum often, please feel free to contact me directly with a link to your post if I fail to answer a follow up question.

* Lending across the entire 'Great State of Texas' since 2004

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}