Tell Your Landlord you are tired of throwing your money away. 

Owning a home means more than just having four walls and a roof. It means giving you the security that you can sleep in your own bedroom and eat in your own kitchen. 

With as little as 3% down payment, you can overcome the barrier of gathering a 20% down payment. 

Mortgage Features:

  • Low down payment, as little as 3%.
  • Property Options: 1-4 units, condos and PUDs, manufactures homes are eligible with certain restrictions.
  • Flexible Sources of Down Payment: Down payment can come from a variety of sources including family, employer-assistance programs, secondary financing, and sweat equity. 
  • Mortgage Insurance (MI): MI can be cancelled after loan balance drops below 80% of the home's appraised vallue, and MI coverage requirements are reduced for LTV ratios above 90%. 
  • Mortgage Flexibility: 15-30 year fixed-rate mortgages, 5/7/10 ARMS. 
  • Refinance Options: no cash-out refinancing option is available for borrowers who occupy the property. 
  • Subject to income limits. 
  • Financial literacy education required. 

Contact me to learn about homeownership programs designed specially for budget-minded households. Low down payment options make it easier for you to realize the milestone of homeownership. 

Pauline Lee | (617) 965-1988 x205 | |