Take Advantage of Historically Low Interest Rates
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
For more information visit: SecurtyNational Mortgage Company
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