Take advantage of historically low interest rates today! Consider the FHA $100 down payment loan program from SecurityNational Mortgage Company. FHA $100 DOWN PAYMENT LOAN PROGRAM HIGHLIGHTS • Available for HUD-owned properties only • All closing costs and pre-paid charges can be financed with Good Neighbor Next Door (GNND) program • If not a GNND loan, pre-paid finance expenses and closing costs cannot be financed and are limited to 100% LTV • Owner-occupied borrowers only — buyer must live in home for at least one full year • Minimum credit score of 620 • No reserves requirement for the program • Available for: • FHA 15- and 30-year fixed rate loans • FHA 15- and 30-year secure loans • FHA 5/1 ARMs • Eligible property types: Single Family residences, Town homes, Planned Unit Development homes, and Condos • Borrowers must have a valid Social Security number and demonstrate two years of employment history • FHA mortgage insurance is required on all loans • Buyer must offer HUD’s full asking price For additional information about this program, call a SecurityNational Mortgage Company Loan Specialist today. Cell 602-421-4300
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