Give us a call at 303.779.0591

First time homebuyer-3% Down, NO MI!!

First time homebuyer-3% Down, NO MI!!

Finally something to reward those who have good credit, all of you out there that have worked at maintaining or worked to get good credit.

CHFA has a new loan program called the “CHFA Advantage” and an advantage it is!  It is an 30 year fixed loan with no mortgage insurance (MI) and only 3% down payment required.

To qualify you need to be a first time homebuyer or non-first time homebuyer purchasing in a targeted area, Eligible veteran, CHFA-approved homebuyer education class required, Mid credit score of 700, $1000 minimum purchase contribution, income and purchase price limits (targeted areas have different income and purchase price limits).  To see more info please see the link above.

If you have any questions and would like to know if you qualify, please give me a call.  This is a great opportunity!

Cheers~

Ray Williams

Branch Manager

Summit Mortgage Corporation

303-779-0591 ext. 101

[email protected]

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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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