NEW!! 98% HOME LOAN PROGRAM
Conventional Financing (not FHA)
Custom loans specific to your realtor's most difficult needs
Community First Financial, LLC is excited to announce our new 98% home loan program. The 98% loan program is one of the best low down payment solutions in Arizona. This program requires a 2% down payment that can be gifted by a family member.
Overview of guidelines:
98% Home Loan Program
· 90% 1st Mortgage
· 8% 2nd Mortgage
· Primary Residence
· 620 Credit Score
· Fixed Interest rates
· Full Documentation of Income
· Interest Only Option
· Up to $417,000 loan amount
· 3% seller paid closing costs
· Can be used to buy bank owed, foreclosures and flip properties, no 90 day seasoning
· 1st time homebuyer education required
· Family may gift down payment
Why the 98% program is better than FHA:
· No Up-front Mortgage Insurance Funding Fee
· Lower Payment than FHA 99%
· No FHA property inspections
· No 90 days seasoning on seller ownership
· Higher income limits
· No seller funded down payment
Please contact me with your scenario.
Thanks,
Troy Schuricht
Community First Financial, LLC
MB # 0909115
7575 E Redfield Rd Suite 235
Scottsdale, AZ 85260
480-305-8905 - office
602-790-0210 - cell
480-393-8801 - fax
tschuricht@communityfirstfinancial.com
www.communityfirstfinancial.com
www.TeacherAPlus.com
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