| |
|
|
| Frequently Asked Questions |
| |
|
|
Q- DO I HAVE TO HAVE PERFECT CREDIT TO QUALIFY?
A- NO, WE HAVE MANY PROGRAMS FOR MANY SITUATIONS. |
| |
|
|
Q- WILL
THERE BE ANY OUT OF POCKET FEES?
A- YES,
AN APPRAISAL AND YOUR HOME OWNERS INSURANCE. ASSUMING THE SELLER
WILL PAY CLOSING COSTS. |
| |
|
|
Q- WILL
I BE REQUIRED TO CARRY MORTGAGE INSURANCE?
A- NO,
WITH MOST PROGRAMS. |
| |
|
|
Q- WHAT'S
THE BENEFIT OF GOING THROUGH A BROKER, RATHER THAN A CORNER
BANK?
A- BETTER
PRODUCTS, BETTER RATES, LICENSED LOAN OFFICERS, LOWER APR. |
| |
|
|
Q- WHAT
IF I'M SELF EMPLOYED?
A- NO
PROBLEM! |
| |
|
|
IT'S IDEAL FOR:
- INDIVIDUALS
WHO HAVE GOOD, FAIR AND SOMETIMES POOR CREDIT AND A STABLE INCOME,
BUT DON'T HAVE THE MONEY FOR A DOWN PAYMENT OR RATHER USE THEIR
CASH ELSEWHERE.
- HOMEBUYERS SEEKING TO OPTIMIZE CASH FLOW BY IN SOME CASES AVOIDING BOTH MORTGAGE
INSURANCE AND A DOWN PAYMENT WHILE INCREASING TAX DEDUCTIBLE INTEREST PAYMENTS
- HOMEOWNERS WHO DO NOT HAVE ENOUGH EQUITY IN THEIR CURRENT HOME TO USE AS A
DOWN PAYMENT FOR OTHER CONVENTIONAL MORTGAGE PROGRAMS
|
| |
|
|
Zero Down Mortgages are supplied by G.S.
Group, Inc. Mortgage Services | Contact
Us
|
