MyCommunityMortgage FannieMae Home Possible FreddieMac - PowerPoint PPT Presentation

1 / 1
About This Presentation
Title:

MyCommunityMortgage FannieMae Home Possible FreddieMac

Description:

Flexible funding sources for down payment & settlement costs: - Community Seconds ... Reduced Mortgage Insurance to keep payment affordable. ... – PowerPoint PPT presentation

Number of Views:33
Avg rating:3.0/5.0
Slides: 2
Provided by: carolinal
Category:

less

Transcript and Presenter's Notes

Title: MyCommunityMortgage FannieMae Home Possible FreddieMac


1
MyCommunityMortgage (FannieMae) Home Possible
(FreddieMac)
  • 100 Median Income Brunswick, New Hanover,
    Pender 56,600 Columbus 48,100 or
    property must be in an underserved area. - No
    minimum borrower contribution- Flexible funding
    sources for down payment settlement costs -
    Community Seconds - Gift Funds - Employer -
    Interested parties - Reduced Mortgage Insurance
    to keep payment affordable.- Additional
    flexibilities for educational employees,
    firefighters, police officers, healthcare
    workers and military personnel. - Community
    HomeChoice is available for borrowers with
    disabilities (or a family member who resides
    with borrower) Allows for slightly higher debt
    ratios and permits non-occupying
    co-borrowers.- Homebuyer Education is required
  • Contact
  • Lisa Burton 910-798-0083
  • Sharon Thompson 910-210-0212
  • 1205 Culbreth Dr Suite 101
  • Wilmington, NC 28405

Programs available only to qualified borrowers.
Programs subject to change without notice.
Underwriting terms and conditions apply. Some
restrictions may apply
Write a Comment
User Comments (0)
About PowerShow.com