A new initiative was recently unveiled to assist teachers in buying a piece of Lexington real estate . The actuality of owning a home is a long way off, especially since the average salary for first-year teachers is $31,794.
Lending and title companies have teamed together to provide mortgage options for educators. They also plan to make teachers aware of individualized loan programs that exist for folks in the education field. All around the country, teaching is one of the most underpaid professions. Teacher might be able to purchase a home closer to their school, with their present salary, with help from these programs.
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