Give us a call at 303.779.0591

3% Down, No MI!

3% Down, No MI!

Yes, you have read it correctly.  A Conventional 30 year loan, 3% down and NO MI!!  This is the CHFA Advantage.  I’ve previously posted about this unique loan that CHFA rolled out this year.  It is quickly gaining popularity.

The only other loan that offers a lower down payment is FHA (3.5%) but you will have MI, and now the mortgage insurance with FHA is for the life of the loan.

By doing a CHFA Advantage loan with NO MI, you could end up saving up to $100/mo and when you calculate that for the life of the loan, you would end up saving thousands per year.  This is a remarkable program.

The CHFA Advantage is also available for refinances, make sure to find out more.

Click here to find out more details and see if you qualify.  Contact us if you have any questions and/or click here to get pre-approved.

~Cheers,
Ray Williams

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Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.

387 N Corona St #646, Denver, CO 80218.

NMLS Unique Identifier #1838215

Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

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