A FLEX/FIXED® pricing special for allowable 30-year fixed-rate Government loans!!!
The FLEX/FIXED program is a temporary buy down that provides a qualified borrower with a lower start rate AND the security of a fixed-payment schedule. In the month of October applicants locking into a government loan (FHA or VA) will receive a FREE 1% buy down for the first year of the mortgage.
For example, if the current rate is 6.25% they would pay based on a 5.25% rate for the first 12 payments. Someone purchasing a $200,000.00 home, putting 3% down would save $123/month for the first year!! After the first year, the payment would be recalculated and locked at the 6.25%.
If you want to learn more, contact me.
Terry Iwaniw
REALTOR Associate
First Time Home Buyer Specialist
Foreclosure Prevention Consultant
RE/MAX Home Team
609-417-1086
http://www.terryi.com/
http://www.snewjerseyhomes.com/
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