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Monday, August 30, 2010

Easy Pay Program!!


How many times have you heard (or said)…. Nothing is easy right now in our industry? We are soooo excited to introduce our exclusive Easy Pay program today- it has been in the works for several weeks (and I have been just bursting to tell you) and I am thrilled that we can finally make the announcement!!!!!


Our Easy Pay loan can help make a home purchase affordable and easy as 1-2-3 with lower payments for the first three months!
1) Minimum payments only are due for the first 3 months
2) 3.5% down payment is required (gifts allowed).
3) Seller contribution is required. Max contribution from seller is 6% of sales price.

How it works….
~ FHA loans only, 3.50% down (in 3A)
~Seller pays the interest up front at closing for the buyer’s first three month’s house payment

(must be part of the FHA max allowed contribution of 6% in 12A1B of contract)
~ Buyer must qualify for PITI.

~Single Family, Townhome or Condo (as long as it can go FHA financing)
~Buyer has more money for the first three months of payments to do ALL those extra things that seem to come with moving into a new home!



Realtors- We are so excited about our new EASY PAY and know that your buyers will be also! To get the word out, we have the following:
~*~ Two (2) Ready-to-Use Flyers Ready for Printing (front and back)- Just email us at ldavidson@servicefirstmtg.com, put please send flyers in the subject line and we will forward to you immediately

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