NO
MONEY DOWN to $417,000
Call Today, Get Approved Today! Several Options, but here are the two most popular: 1) No Money Needed for Down Payment Or Closing Costs Purchase Loan in MD. INCOME LIMITATIONS APPLY. Seller MUST agree pay a portion of closing costs (up to 3% of sale price allowed). 3% usually covers them (95% of the time), and sometimes even leaves enough left over to use the Seller's money to buy down to a lower rate! This loan has income limitations which are based on the Maryland county property location. Maximum loan amount $417,000, which is the same as the sale price with no money down. Established credit history is required. Does not have to be "Excellent Credit". We have obtained approval and settled/ closed on these loans. This program is the real deal, no bait and switch. Buy a home with no cash needed for closing or down payment under the program listed above. 2) No income limitations. Borrower (s) only has to have $500 of their own funds towards closing costs! Gifts are allowed! Seller can pay closing costs up to 3% of sale price! Established credit history is required. Does not have to be "Excellent Credit", this program is more flexible on credit scores. Important: For this particular No Money Down program, the seller MUST agree to pay 3% of sale price towards closing. In the business it is called "Seller Contribution". If the seller does not agree pay 3% towards closing costs, you can still buy with only $500 down. However, you will have to pay your share of closing costs that the Seller did not pay. That could amount to thousands above the initial $500. Please call or have your Realtor call our office to get details and conditional approval before you enter into a contract of sale. In this market, the Seller will more than likely be ready to negotiate with you as far as 3% Seller Contributions. Maximum loan amount is $417,000. Which means the maximum sale price is $417,500 with $500 down. Sale price can be higher, but you will need down payment for difference between that and the $417,000 loan limit. Example: Sale of $427,000 would mean $10,000 down (sale price - maximum loan amount of $417,000 = $10,000 required down payment. Because these are Fannie Mae loan products, it means some of the lowest rates in the market. They change daily (or more), so please call for an up to date rate quote. We want your business! 1) Download Fannie Mae application, complete and return by fax 410-643-8750. Account numbers or exact figures are not required to get started. 2) Apply online now. 3) Apply by phone during office hours (usually 9 to 5, some days 8 to 6). You can always leave a message if you miss us. 410-643-8757 or 888-643-3659. (We are located in Maryland) EST Time Zone. 4) Send an email with your number and the best time to contact you. (please note, this email address is changed regularly to try to avoid spammers). If you need to contact us in the future, please check this page or call for the current email address. All loans will be originated by Consolidated Mortgage Corporation. We will then upload to the FNMA Automated Underwriting System / D.O. We will have a Loan Decisions in Minutes! Why wait weeks or days for an approval? Get approved today for your Maryland ( MD )No Money Down Home Purchase Loan! Generally, these programs
require good credit.
410-643-8757 888-643-3659
Complete Our On Line Prequalification Form And Get Started Today! No Down | Download Loan Application | Home Page | Contact Us CONSOLIDATED MORTGAGE
CORPORATION
Site by: American Web Page Design Kent Island, MD |
