secondary home, or investment property. • FHA—An FHA mortgage is a great program for buyers. Its advantages are a low down payment without private mortgage insurance. The lender process can be streamlined, with no appraisal and reduced loan documentation to qualified applicants. • VA—A VA Mortgage offers many benefits, including no down payment and lower interest rates. • USDA—These are only available in certain areas deemed “rural” by the United States Department of Agriculture. Surprisingly, many properties on the outskirts of a metro area will qualify for these loan programs. The advantages of a USDA Mortgage are lower interest rates and zero down payment. • 3-2-1 or 2-1 Buydown programs - Start at a lower rate for the first year or two allowing you to refinance if the rates get better. Because Guild Motgage is familiar with all these loan programs, they can pre-qualify your buyers and ensure they obtain financing. That way, you avoid wasting time with buyers that will not qualify for financing. Before you sign a contract with a buyer, make sure you give them a call.
Anna Babineaux (832) 569-2878 http://bit.ly/guildmtg ababineaux@guildmortgage.net
Pool Worries, Be Gone! If you own a pool, you know how much work can go into maintaining it. That stress doubles when you’re preparing to sell your home and want your pool to look like the relaxing oasis
108
Powered by FlippingBook