Important information homebuyers need to know about home loan programs.
Have you ever wondered about your financing options? Many buyers ask us about their options, so know that we work hard to stay informed about the latest programs. We work closely with a wonderful lender who offers great programs, and we’re here today to talk about them.
First, this lender offers a 10/1 ARM program with rates that are currently in the 5% range. They also offer great VA and first-time homebuyer programs. With VA loans, there is a 0% down payment. Also, there are programs where sellers can contribute up to 4% to a buyer and pay off debt.
We also partner with lenders who will work with buyers who don’t have Social Security numbers. If you only have an ITIN, there are some wonderful programs out there for you. They also work with self-employed borrowers. We work with one lender who offers a bank-statement-only program where they require 12 to 24 months of statements and a 700 minimum credit score.
If you have any questions about loan products, we can get you in touch with a great local lender who can assist you. Call or email us anytime, and we would love to help you.