Marketing help for Real Estate Agents to assist their clients

How to Market to Buyers:

You can help your buyer purchase a home with minimum down payment.
Make sure you speak with the lender before writing the offer.

 How to Market to Sellers:

Individual home owners can now compete with the builders with marketing incentives.  You can show your Seller how to market their house with incentives of favorable financing to the buyer.  Call to discuss the details.
97% and 100% LTV with Buy Down Loan Programs

Program Features:  
·  No down payment option for Flexible 100
·  3% down payment for Flexible 97
·  Borrower option of contributing a minimum of either $500 of their own funds (Flexible 100), or 3% from flexible sources of funds (Flexible 100 or 97), toward down payment and/or closing costs
Products:   ·  15 and 40-Year Fixed ·  30-Year Fixed (Interest Only Available)1 ·  5/1, 7/1 and 10/1 LIBOR ARMs (Interest Only Available)2

 My Community

Program Features:   
·  No minimum borrower contribution on one unit properties   
·  Low mortgage insurance coverage requirements   
·  Up to 100% LTV on one unit properties   
·  Interested party contributions now up to 6%   
·  Eligible for 2-1 temporary interest rate buydown on one and two unit property types (not available For 5 Year ARM or 5 Year Interest Only)   
·  Income-source flexibilities, including boarder income from relatives or non-relatives
Products:   ·  30-Year Fixed (Interest Only Available)1   ·  5/1 LIBOR ARMs (Interest Only Available)2   ·  7/1 LIBOR ARMs3   ·  10/1 LIBOR ARMs3
1 Ensure your applicant understands that with interest only loans, their loan balance will not decrease unless they pay more than the required interest only payment, and that their required payment will increase substantially when the amortization period begins.
2 Ensure your applicant understands that with interest only adjustable rate loans, their payment and rate may increase significantly over time, and that their loan balance will not decrease unless they pay more than the required interest only payment.
3 Ensure your applicant understands that with ARM loans, their payment and rate may increase significantly over time.		 Buydowns work best for Purchase transactions on Owner Occupied or 2nd Home properties.

I am happy to answer your questions and see how we can come up with a solution to help your business.

Barry

702-303-3909