With no funds needed for a downpayment, low monthly payments and competitive rates, the HOME Loan is designed to help your borrowers overcome any barriers to their dream of home ownership.
Whether a first-time homebuyer or one simply looking to leverage future income potential, our HOME Loan is the key!
Benefits to you:
Up to 100% financing Credit scores as low as 620.
10-year interest-only period. 40-year term.
5-year fixed-rate period. No income restrictions.
Standard Mortgage Insurance (MI) rates. Fast underwriting approval and closing process.
CUSTOMER PROFILE:
Our new H.O.M.E. loan can help you get more business with:
• First-time homebuyers, renters, apartment dwellers
• Recent college/professional graduates with good future earnings potential
* Newly married couples starting out with good income prospects
• Single parents/newly divorced singles with good income who just need a "jump start" to get into a home they can afford
• Growing families trying to get into their next home.
BENEFITS:
Benefits to your Prospective Clients:
• Can make the difference in being able to purchase a home.
• No funds for a downpayment = no problem!
• Low, more affordable monthly payments.
• No additional Mortgage Insurance costs; standard rates apply.
• Competitive pricing.
• Leverage their future income potential to purchase the home they want now.
Benefits to you as a Real Estate Professional:
• A loan that enables you more entry-level transactions.
• Expand your pool of potential buyers
• Faster loan approval allows you to more quickly move your listings.
• Fast, accurate underwriting approvals allow deals to be closed on time as promised.
• More satisfied customers = more word-of-mouth business.
• A simple one-loan, one - transaction solution for 100% financing.
Realtor H.O.M.E. rev. 8/06
Contact me for more information
Comments(0)