Saturday, January 27, 2007

6% Contributions Allowed

Buyers have gained more buying power with recent changes 100% financing guidelines.

The 80/20 and 75/25 Conforming Fixed-Rate loans now allow interested party contributions up to 6% of the lesser of the sales price or appraised value. Previously, contributions were capped at 3 percent.

Now it’s easier to get into the new home you deserve!

Give us a call or visit our website if you are thinking of buying an Orange County home or would like more information about financing options.

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