Sometimes Less Is More
• Up to 100% financing is available
• Your home's seller may be allowed to pay up to 3% of your closing costs
• Free homebuyer education gives you confidence before you buy
• Gift funds from family members are often allowed
Instead of a conventional mortgage, I can provide you with home financing that's split into a first and second mortgage. It's often called combination or piggyback financing, and here's how it works:
• 80% of your loan will be covered by a 30-year first mortgage.
• 15% of your loan will be covered by a 15-year second mortgage.
• 5% of your financing will be covered by your down payment.
As a mortgage broker, I can also help you apply for a home equity line of credit*, or HELOC, which is based on the money you've already invested in your home. Since your home acts as collateral for your line of credit, it will usually be priced at a lower interest rate. It's an easy, cost-effective way to finance home improvement projects or other major purchases, or pay for college tuition. Other advantages include:
• Higher spending limits and lower interest rates
• Debt consolidation-pay off high interest than most credit cards cards and save!
• Lower costs-interest is paid only on the actual
• Potential tax savings-the interest you
amount you borrow, not the entire amount available be tax-deductible**
We pride ourselves in giving you the mortgage information, loan options and convenient assistance you're looking for. With a variety of loan programs and an established network of lenders behind us, we will find the loan that best suits your needs, at a very competitive rate. We offer conforming, non-conforming and government loan programs.
http://www.lowrateapprovals.com/61040
Related Tags: bad credit, loan, home equity loan, debt consolidation loan, home loan, mortgage loan, online loan
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