The Free Down Payment Mortgage
The rent you pay today, could buy you a home tomorrow!
Coming up with a 5% down payment isn't always easy, especially when you still have to cover closing costs, moving expenses, renovations, and all the other costs that come with buying a home. If you have Good Credit, we can help you get a free down payment when you take out an affordable insured 5 or 7 year fixed rate mortgage.
The Free Down Payment Mortgage has been developed to assist homebuyers who have established an excellent credit history but have not accumulated the required down payment, or have chosen to use their savings for other asset enhancing purposes. The bank will advance the funds for the mortgage and the required 5% down to the solicitor on the closing date of the mortgage.
If you have a strong credit and credit score (Credit score of 650 or greater) & liquid assets of 1.5% of purchase price to cover closing costs available from their own resources this may be the break you have been hoping for to realize your dream of home ownership this year.
Contact Reagan Burton for more information.
Courtesy of Reagan Burton at Mortgage Alliance