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A reminder about Landmark Credit Union and our great programs

By
Mortgage and Lending with Landmark Credit Union

Just think of all of the lender's that are out of business now.  The stable banks and credit unions are the financial institutions you can depend on now days.

We are offering some of the best programs around and want you to be aware of the benefits of using our credit union for your buyers and sellers!!

Landmark Zero down program is excellent for first or second time buyers.  We look at the borrower having a 700 credit score, 45% debt ratio and having $500 of their own funds into the transaction.  This is a 30 year fixed mortgage and the rate today July 10th is at 6.75% (apr 7.434%). They will need to have 2 months PITI in a reserve account if their credit score is under 720.  Over 720 no reserves are required. 

Today our 30 year fixed conforming program is 6.25% (apr 6.336%) this is at par.  

I am happy to talk to your buyers and get them preapproved at no cost to them.  And you can depend on Landmark Credit Union to do a thorough evaluation for your client.

One more thing; our Jumbo program 30 year fixed is still 6.50% (apr 6.987%) with 10% down.  Credit score should be 680 or higher.  This is one owner occupied homes only.  Please call me with details or email me.  I look forward to hearing from you!!

Equal housing opportunity lender

Comments (1)

Anonymous
Judy

Lorraine, I'm curious about your blog.  I am a general manager of an advertising firm in Salt Lake City and was very interested when I saw your posting.  If you wouldn't mind sharing, I would love to know the following:  how long have you had your blog, how often do you post, who do you have included in your network, what topics do you address.

Thank you in advance for sharing.

Jul 12, 2008 08:30 AM
#1