Friday, November 20, 2015

Just in Time for the Holidays- Mortgage Choices For Buyers

Just in Time for the Holidays- Mortgage Choices For Buyers




To Buy or Sell Call Keji @ 301-613-2043

Here are some available Home Loan Programs

There  is still time this year to get pre-approve for home mortgage and start your journey to home ownership or upgrade to a bigger home.
These home loans are not just for first time buyers, move up buyers also qualify for them.

Community Development Administration (CDA)
Maryland Mortgage Programs  provides home buyer assistance programs by offering down payment and closing cost assistance of up to $5,000 to eligible home buyers. Find out More

CitiMortgage 3% Down Payment no MI: This low down payment loan is being offered exclusively by Citi mortgage for certain areas in Maryland, DC & Virginia. The program offers up to 2% closing cost to buyers who make under $87,000: Get More Information


Zero Down Mortgage: 100% financing up to 650K purchase price with NO MORTGAGE insurance!!
 - Put Zero Down with Fixed rate
-No Private Mortgage Insurance(PMI) Normally required when you put down less than 20%)Find out More

  
Community Homeownership Incentive Program (CHIP) loans puts the dream of homeownership within your reach. CHIP loans from BB&T have many attractive features to help borrowers along the path to owning their own home.

Benefits
CHIP loans offer home buyers the following benefits:



·                Up to 97% financing on the majority of allowed property types
·                First-time home buyers and previous homeowners eligible
·                Private mortgage insurance waived

DC Open Doors: Available for Home buyers in D.C only. The program will pay the down payment for FHA or Conventional buyers with 5 year grant: Click to get More Information


FHA Mortgages have lower down payment requirements that may be easier to qualify for than a conventional loan. The loans are made by private lenders and insured by the FHA, with both an upfront and a monthly charge for this insurance. The FHA has caps (limits) on the mortgage amount based on the county where the home is located. Click here for more information.


VA Mortgages are made by private lenders and guaranteed by the Department of Veterans Affairs (VA). VA loans are designed to help service people and veterans obtain financing at very reasonable rates and offer financing up to 100% of the home’s value with a maximum loan limit of $417,000. Find out More


Low credit Score? We have programs that will assist buyers with low credit scores to purchase within a few months. Get More Information






Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website @ www.metrohomesrealty.com

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