The Details:
Loan program eligibility is based on property location & buyers income – there are income restrictions.
30 year fixed rate purchase single family owner occupied properties only.
Maximum seller contribution is 6% of the sale price for buyers closing costs, points & prepaids.
Gifts from family are also allowed to pay for closing costs, points, & prepaids
No manufactured homes
No rehab loans or construction-perm loans
Escrows for real estates taxes & homeowners insurance are required
Minimum credit score 620
Call for an application or more details!!
The Underwood Team
Avon Lake
Howard Hanna Mortgage
440-385-5945 work/cell/fax#
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