Historically Police Officers looking for 100% financing have had to pay higher interest rates and have squeaky-clean credit histories.  The first programs that rolled out required $500 down and we now have these no money down loans with $0 due at closing.  It makes sense to provide these workers nationwide, whose pay scales normally rank in the low-to-moderate range, can get financial help buying a home, much like veterans do.

Benefits of Program

• Higher Debt to income ratios
• Seller can pay first 6 months mortgage payments
• Reserves in bank not required
• Interest only available
• Interest rate can be bought down by buyer or seller
• Allows for Seller or family member to contribute 6% of mortgage amount to closing costs or down payment.

If you are a police officer, police worker or police support staff and require advice or help from an experienced mortgage broker to assist with your police mortgage then please call or email for further advice.

Nick Porter

Community First Financial, LLC

480-305-8900  Ext: 308

541-231-3040  Cell

nick@cffinfo.com

www.communityfirstfinancial.com