Buying a home in Virginia Has never been easier

by Michael Mapes

Every now and again you must revisit a tried and true product and then enhance it.  That is exactly what has happened with Michael Mapes.  In recent months Michael has tweaked existing products, recieved secondary market approval for and implemented the "skip it" program.

This is a tremendous tool not only for sellers to attract quality buyers but also for agents to attract quality buyers.  The skip it mortgage program currently being offered is a 30 year fixed rate mortgage that allows the buyers to skip up to six months worth of mortgage payments.

These payments are not included in the loan, there are no special fees to pay in order to participate in "skip it".  In-fact the the rates on the skip it program are the exact same that you see on any 30 year fixed conventional loan.  In recent months several lenders have come out with a Fannie Mae program to allow the seller to pay up to 6 months of Interest, Taxes and Insurance payments.  Skip It allows borrowers on purchase loans to Skip the whole entire payment for up to Six Months, which includes principal as well.

For more information on "Skip it" please contact Michael Mapes at 757.599.1810 ext 225 or on the web at www.theresponsiblemortgagelender.com