FIXED RATE financing up to $2 million!
We just received this notice from First Place Bank:
I'm very excited to announce that First Place Bank has just released FIXED RATE financing up to $2 million!
Why is this so great?
- Underwritten, processed and closed IN-HOUSE - This means the file never leaves my office and we can turn around your loan in as little as 2 weeks!
- Local Appraisers - We can still use our rotation of seasoned, local, professional appraisers to get us back fast and accurate valuations on your properties.
- FIXED RATES - ARMs have been available on jumbo loans for awhile, but most buyers would prefer a fixed rate. We can now provide a single 30-year fixed rate - UNMATCHED
- Up to 80% LTV - other programs restrict loans to 70 or 75%. This provides for many more options for buyers who wish to hold back some money for renovation or improvements.
We can now provide a number of options for clients outside of Fannie/ Freddie limits (using true jumbo or 2nd Mortgages) while still providing the same in-house Community Bank efficiency, service, and speed that you and your clients deserve.
Client's applications pre approved same day. Just have them apply on line at www.firstplacebank.com/brianfarasy or give me a call.
Brian T. Farasy, First Place Bank, Vice President/Mortgage Banker, 15400 Calhoun Drive Suite 170, Rockville, MD 20855 Phone: (301) 279-5145; Mobile: (240) 277-4422; Efax: (301) 560-6368; Email: BFarasy@fpfc.net
Life is good for home buyers in Maryland!