Special offer

Purchase & Renovate Your Dream Home, only 3% down, including improvements

Mortgage and Lending with Cumulus/Ann Arbor Radio

Are you in the market to purchase a home?  Only finding properties that are in rough condition?  Are you finding possible good deals but don't have the money to renovate/improve the home?

You have options.  In today's Real Estate market, especially in Michigan with all the foreclosures, there are many opportunities for buyers to purchase a home that needs some TLC for a great value, including foreclosed homes.

A large number of first time homebuyers don't have the resources to renovate a home when they first purchase.  The solution?  FHA 203k Renovation loan. 

This type of loan allows you to purchase a property with only 3% down (based on purchase price) and FHA will lend you the money to renovate the home.  You can update bathrooms, kitchens, paint, carpet, add a bedroom, add a garage, etc. 

You can now buy a home that is in rough condition, put only 3% of the purchase price as a downpayment, and we can lend you up to 6 months of payments while renovation is completed, on top of the money for renovation. 

This is a great tool for everyone, especially first time homebuyers, who have a hard time finding a well maintained home in their price range.

American Home Mortgage is a certified FHA 203K lender.  If you'd like to hear more about this opportunity please do not hesitate to call.  Have a client who could benefit from this?  I'll be happy to help.


Jim Hood

Janessa Mondestin
ERA TUCKER Associates, Inc. - Nanuet, NY
Keep me posted on this option that no one in my area is talking about.
May 20, 2007 12:11 PM
Chewbacca The Wookie
Angle The Deflector Shields - Angus, MN
Dec 15, 2007 05:32 PM
Jim Hood
Cumulus/Ann Arbor Radio - Ann Arbor, MI

I got your message, did you have any questions about the program?  If so, please feel free to contact me at your earliest convenience.


Jim Hood

866-617-4044 x224

Dec 17, 2007 02:26 AM