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Unless you have been living in a closet, you have to know that every day lenders are either closing or eliminating programs...especially 100% financing.
Due to restrictions issued by mortgage insurance providers, almost all lenders will no longer be able to offer 100% financing. The maximum LTV (loan to value) on these programs has been reduced to 97%.
We offer FREE Homeownership Education Classes that certify you for specialized programs
There are still some good programs out there for the first time homebuyer
- Approvals for borrower of all credit grades
- Special programs for low to moderate income
- Flexibility on credit histories, nontraditional credit accepted
- Free Credit Counseling and repair to help you into a home
- Extra flexibilities with options to serve teachers, police officers, firefighters, and health care workers, and people with disabilities or a family member with a disability
Truth be told, you are not going to have as any options walking into one particular bank. A bank does not have options...we have many. You need a professional that will work for your best interests...every step of the way. That's exactly what you'll find at Scholastic Mortgage.
Fill out the form below or just give us a call to get started!
203-878-5007
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