Amazing Mortgage Rates

One of the awesome local mortgage lenders that I work with emailed me today with an update on a great mortgage program he has for first time buyers. For first time buyers with annual income under $60,000 he offers a 30-year, fixed-interest-rate FHA loan with a 4.25% interest rate and zero points! Just like any other FHA loan this requires only a 3.5% downpayment and allows up to 3% seller assist to help cover closing costs. This can really help to make some of today's bargains even more affordable, and if you qualify for this loan you should also qualify for the $8,000 tax credit which can go a long way towards furnishing your new home and building back up your savings.

The same lender also has investor mortgages available for 1-4 unit investment properties at 5.125% interest and zero points. These go up to 80% LTV for investors with good credit.

For more info on either of these loan products call or email Jason Knee and tell him I sent you:

Jason R. Knee

TD Bank

856/533-2112

jason.knee@yesbank.com