1% Down Financing is a possibility with Home Loan Mortgage!
Hard to believe there is a conventional loan program with ONLY 1% down!
Just closed on one and it really is out there to open doors to home ownership! A limited number of lenders have access to this progressive NEW loan program.
Think about how little that is! Like paying a deposit and one month rent in Colorado.
Purchase a $400,000 home with only $4,000 down plus closing costs.
In the Denver Metro area a $400,000 home might rent for around $2,000 a month so if you pay the deposit and 1 months rent you could buy a home.
This is how simple it is!
- Buyer pays 1% of the sales price for down payment
- Lender contributes 2% of the down payment
- FICO score must be 700+
- Debt to income ration must be no more than 43%
- NO MI Mortgage Insurance
- Must be OWNER OCCUPIED
- Some income restrictions apply so call lender
You are invited to come meet T. Fanning of Home Loan Mortgage .
Maybe you have a friend who needs to get out of the basement or off the couch, or a couple wanting to start a family in the suburbs. This loan program is going to help those transiton who don't have enough down payment.
Tuesday, April 11, 2017 10-11 am
At the Heritage Todd Creek Golf Club Community Center:
8455 Heritage Dr. Thornton, CO 80602
RSVP text or call 720-416-1984 or Carra at Carra Riley dot com
Hope to see you there!