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  • Services
    • Tax Preparation
    • Home Loans
    • Personal Finance Coaching
  • About Us
    • Meet Chad
    • Meet Emilie
    • Chad's Story
  • Client Resources
    • Tax Resources
    • Home Loan Resources
    • Financial Coaching Resources
  • E-News
  • Client Reviews
  • Contact Us
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Business Builder Blog

Making Finances Simple. Changing Lives.

1/22/2015

Conventional Loans With Only 3% Down!

Fannie Mae is now offering conventional financing on loans up to 97% of the home’s value. See below for several of the benefits with this program.........

HIGHLIGHTS:
  • No buyer funds required (3% down can come from gift money)
  • No mortgage insurance
  • No FHA approval needed for condos
  • Lower payments with conventional financing
  • Streamline loan approvals
  • Any whole year term between 10-30 years
  • Must have a first-time homebuyer on the loan. Otherwise 5% down is required.

HOW YOU CAN USE THIS:

  • Market this on your listings at open houses. Many prospective homebuyers aren’t aware that they can put as little as 3% down without having to acquire mortgage insurance. You’ll acquire some new buyer prospects at your open houses!
  • Market this to your leasers. If you've helped people find a property to lease in the past, stay in touch and tell them about this awesome opportunity to own instead of rent!
  • Many people in Orange County have the income to support the required payment on a home purchase, but don’t have the savings. This program can benefit those folks!

Contact us with questions...we’re here to help your business!


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