Home Ownership Made Easier(HOME)

By
Real Estate Agent with Brown Realty, 210-789-4216,www.JeremiahNewman.com TREC #0492321
https://activerain.com/droplet/5lmG

Ever wanted to own your own home and didn't have enough for the down payment? Well now you can, thanks to the new Home Ownership Made Easier(HOME) mortgage from BBVA. This product is designed to make the move from renting to buying as easy and affordable as possible. 

Here are the benefits and requirements for this new product listed below:

  1. Borrow 100 Percent! That's right, up to 100% Loan-to-Value for certain transactions(requires a $500 contribution from borrower's own funds)
  2. BBVA will contribute up to $3,500 towards closing costs and other assistance.
  3. No Private Mortgage Insurance (PMI). One less thing to worry about.
  4. Minimum credit score of 620 is required.
  5. Borrowers may use Seller Contributions, Gift Funds from a relative, or funds from a BBVA approved Down Payment Assistance (DPA) program to help qualify. 
  6. Loans available with a variety of terms.
  7. No income limits apply when the property is located in a Low to Moderate Income census tract for Bexar County and San Antonio. Ask your Local Agent for a map.

If you want to take advantage of this 100 Percent Financing Program, contact Jerry today at 210-789-4216 for more information and let him help your Dreams of Homeownership become a reality in time for the up coming holidays.

Here is one of my listings that is located in the Northeast San Antonio area that qualifies for this product.

 

Price Reduction for this Mission Creek Home

Overview
Maps
Photos
Features
Description



















$172,000
Single Family Home
Main Features
4 Bedrooms
2 Full Bathrooms
1 Half Bathroom
Interior: 1,949 sqft
Lot: 0.10 acre(s)
Year Built: 2006
MLS #: 1397908
Location
8930 Mission Top
San Antonio, TX 78223
USA

Jerry Newman

Jerry Newman

Brown Realty
(210) 789-4216
JerryNew63@gmail.com
http://JerryNewmanSARealEstate.com

      
 


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Topic:
Home Buying
Location:
Texas Bexar County San Antonio
Tags:
affordable loan programs
affordable home for sale in san antonio
affordable mortgage loan programs

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Rainmaker
3,214,364
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

What a great option for home ownership, Jerry. Hopefully this post will generate some calls for you.

Nov 12, 2019 07:07 AM #1
Ambassador
1,169,825
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks, Nina Hollander It's a nice new product for buyers who might need this type of financing. Have a Blessed Day @

Nov 12, 2019 07:23 AM #2
Rainmaker
4,162,030
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jerry, hope you saw many calls for this new product, sounds good!   Hope you sold this home too! 

Nov 15, 2019 12:43 PM #3
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1,169,825
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Joan Cox Surprisingly, I have only had a few calls about this new mortgage product, but hopefully, more will want to take advantage of it soon. 

Nov 18, 2019 07:13 AM #4
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