My Community offers affordable mortgages with 100% financing options through Fannie Mae. This particular fixed and adjustable rate product includes 5, 7, 10, 30 and 40 year terms, fully amortized or interest only. Typically My Community is restricted by income limitations depending on each state, but now in Maricopa County the limitations are waived through First Horizon Home Loans!
What does this mean to you? That means with a FICO score of as low as 580 (97% w/ contributions allowed) you can qualify for financing to 100% of the purchase price with no money down! Since this loan program is a 100% financing loan it will be accompanied by MI (Mortgage Insurance). In years past this was often seen as a negative part of receiving 100% financing on 1 loan, but as of 2007 MI is now tax deductible!
If you are in the market for a home in Arizona now is the time to call to get pre-qualified for your next purchase. Rates are very aggressive on this product and truly designed to help buyers achieve their dream of homeownership! This truly is a product that will provide you
Contact me today or apply online on my website. I look forward to speaking with you soon!
Your Personal Mortgage Planner. 100% Financing, VA, FHA, Construction, Lot loans. In the heart of North Scottsdale. Call today (602) 501-7383. Work nights and weekends.
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I would love to live in Arizona, but home is where the heart is, and for now, Indiana will have to due, but...great post.