Help with Your Down Payment – Just Approved!
If you’re in the market for a new home, but don’t have enough money? Now your problems are solved! Kara Collacott, of Essex Mortgage, just told us about a new down payment assistance program for ANYONE, not just first time buyers! This program will give you 3% down for an FHA loan. The qualifications are:
*ratios 39.9/49.9
*1 month cash reserves after closing
*AUS accept only
*Single Family Residence or approved Condos/PUD NO UNITS
*Purchase Only
*Borrowers must complete 8 hour home education program
*Must have 90 day income and expense analysis with no payment shock
*Buyer is allowed to move without needing to refi or sell the property
Seems easy enough with a promise of living in the house of your dreams! Contact Kara at (714) 935-2581 ext. 294, or on her cell: (714) 469-2629, or e-mail her directly at kcollacott@essexmortgage.com if you have any questions or want more information!
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