100% HOME FINANCING STILL EXISTS....NO GIMMICKS.....THE TRUTH

Here is a bit of GOOD news in Real Estate — and it may just benefit you!

YES! YOU CAN STILL OBTAIN A 100%, NO MONEY DOWN MORTGAGE!

USDA’s Rural Development is authorized to assist lenders in providing NO DOWN PAYMENT loans to low and moderate income families. Really! Considering all the GREAT DEALS out there now, combined with the first time home buyer (up to) $8,000 tax CREDIT and historically LOW INTEREST rates, how can you resist!!!! This is NOT a gimmick.

To Qualify:
♦Homes must be in an eligible area (call me, I can tell you the areas….many in DeBary, Deltona, and ALL of Orange City; many areas of Seminole County too!).
♦The home must be structurally sound, and the buyer must occupy the home.
♦You must make application with a mortgage company or bank that participates in this program — I can help you there too!
♦Income limits are very generous. For example, a family of 4 income must not exceed $70,750; a family of 3 $63,700.

Requirements are:
♦Must be a US citizen or permanent resident alien.
♦You should have “acceptable” credit (not score driven); very generous. If your score is 580 to 619, that’s good; if it’s 620 or better, that’s GREAT!
♦You need to be able to show stable income and repayment ratios are typically 29% and 41%.
♦All closing costs can be included in the loan, up to its appraised value. There are no limits on the sales price of the home.

THIS IS SUCH A GREAT OPPORTUNITY, IT TRULY IS!

If you, or someone you know—son, daughter, church member, friend, neighbor who may be interested in looking into this, PLEASE either contact me or pass my name and number on to them. I will walk you/them through the relatively simple process.

IT IS, INDEED, A GREAT TIME TO BUY A HOME! Call me at 386.956.0466 or email at Joan@JoanFairchild.com for further details.