I am excited to introduce a new program we are offering called Homebuyer Advantage Plus. The program allows clients to buy with as little as 3% down and no mortgage insurance!

Here are some of the details:

• 97% Financing
• Must be used for the purchase of a primary residence
• No mortgage insurance
• A limited credit history may be acceptable. If no credit score is available, nontraditional credit, such as rent, utilities, cell phone, or cable payments, can be used.
• Borrower income restrictions apply – for the DMV, the annual income limit is $122,320

The Homebuyer Advantage Plus program is groundbreaking. Not only will it save potential buyers hundreds of dollars by not having to pay mortgage insurance, but it also opens up homebuying to people who don’t use traditional sources of credit—such as credit cards—and therefore don’t have a credit score. And all of this is at very competitive rates. Please get in touch with me for more information about this program.