I have loans on rural housing in Arizona up to 102% for purchase. I will post complete details in one of my next posts but here are some highlights to this program. Email Sterling to find out more about this program.
- 102% financing for purchase based on appraisal.
- No minimum credit scores.
- No monthly mortgage insurance. 1 time guarantee fee.
- No asset requirements.
- No down payment.
- No first time buyer requirement.
- No payment reserves.
- No max on seller concessions. If > 6%, need comment from appraiser.
- 100% gifting permitted from uninterested party.
- 30 year fixed rate.
Some Arizona Cities I have looked up that qualify for this loan are below.
- Rio Verde
- Waddell
- Wittman
- Tonapah
- Buckeye
- Maricopa
- Sacaton
- San Tan
- Coolidge
- Florence
- Avra Valley
- Catalina
- Green Valley
- Pinetop
- Lakeside
- Show Low
- Payson
These are not the only cities so if your interested city is not here I will look it up for you. Info deemed reliable but not guaranteed.
Search for homes in Arizona, Maricopa County
Posted by Michael Martell on March 7th, 2008 8:01 PMPost a Comment (0)
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