We have smoking low mortgage rates (MN & WI) Purchase and Refinance money

Smoking Low INTEREST RATES!!!!! (edit/delete)

Here is a quick rate update.

I have MHFA at 4.25 with a possibility of 10K in down payment assistance funds for purchase money. To qualify for 4.25% income must be less than 67K yearly. A 5 year arm product currently at 3.25% fixed (APR 4.12%) for the 1st five years and after that it becomes adjustable with a 2/5 cap. For those that plan on selling their home within five years this might be a great product to refinance with. I have listed some of the standard qualifications below.

· Must have 5-20% equity in home

· Steady employment

· Debt to income ratios below 50%

· Credit Score above 700+

I would be glad to explain this product and how the adjustable period will work as well.

I also have 30 year fixed rates (Conventional) available as low at 4.25% (Apr 4.61%) or FHA at 4.25% (Apr 4.92%) with the same criteria above. If you are planning on refinancing now is the time to do it.
Added bonus, I will credit you for the appraisal cost at closing up to $400.00 for all customers who tell me about this Ad between 08/05/2010 and 10/30/2010. So please tell your friends, family, and co-workers about this special.

Have a great day and hope all is well with you and your family!


Phil Olson
Sr. Mortgage Planner

P.S Hope you like my new website! www.callphilolson.com

To apply now online go to..... www.callphilolson.com/applyNow.html

Rates are subject to change on an hourly basis and based on your overall qualifications.

BBB
Equal Housing Lender