Affordable home loans
Think you
can't qualify for a home loan? Think again.
For years,
30-year fixed rate loans ruled the home buying roost. But many
of us simply can't afford the standard 20% down payment
anymore. Thankfully, this is no longer required. You now have
many more financial options:
* Zero
Down: Allows you to skip saving for a down payment while
retaining more cash for your house.
* No PMI: Have less than 20% but don't want to pay Private
Mortgage Insurance? This home loan may be for you.
* One-month PayOption ARM: Allows four flexible payments
each month � minimum, interest-only, and 15-year or 30-year
amortization.
* Fixed Rate ARM: Offers lower fixed rate periods from 6
months up to 10 years.
* Interest-Only: Pay as much � or as little � of your
loan's principal each month as you like; it offers great
flexibility for those with inconsistent cash flow.
As you can see, there's a home loan out there to fit just
about every shape and size. Apply today and see what's best
for you. |
Home Buyer Tip
-
Borrow up
to 100% without
paying mortgage insurance.
By obtaining both a first and second loan instead of a
single loan,
-
homebuyers can borrow up to 100% of their home's value
and avoid paying private mortgage insurance (PMI).
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