Mortgage Program Where Seller Can Pay First 6 Month’s Payments

Buyer's Bonus Mortgage ProgramSeller Can Pay First 6 Month’s Payments

Buyers’ Bonus Mortgage Program offers the ability for the builder/seller of a property to pay the buyer’s principal and interest payments for up to the first six months. This option is available for existing and newly constructed homes.

Occupancy

• Primary residence, 1 unit only

Property Type

• SFR, condos (warrantable & condo-conversions), and PUDs

Eligible Loan Programs

• Agency Fixed Rate 10-40 year Fully Amortized
• Agency 3/1, 5/1 & 7/1 ARM Fully Amortized

Note: The loan must be fully amortizing to be eligible for the Buyer’s Bonus Mortgage Program. The payments are paid through seller contributions and may not exceed maximum seller contributions for the loan program.

Interested in the details, call me at 818-378-8669 or email me at liz@mortgagesmart.biz