Sarasota homes for sale welcome home financing program requiring little out-of-pocket money & low interest rate…combined with $8,000 tax “gift…almost too good to be true!
Home finance secret weapon helps house hunters grab keys to their new homes!
IMPORTANT: ANYTHING in the “light” TAN color east of I-75 (with obvious exceptions as you can see) qualifies for this federal home mortgage program! Wow, this includes Parrish, Lakewood Ranch, Lake Sarasota & North Port??
This loan program is almost too good to be true.
That’s exactly what I thought too when I first discovered it. Naturally, I had to research…to confirm I wasn’t hearing of some outdated loan program from the 2001-2006 “roaring 20′s” (’01-’06 that is).
All those loan programs are museum pieces…dead & buried.
“Secret” federal government mortgage finance program allows home buyers to borrow 102% of the APPRAISED value…NOT THE PURCHASE PRICE!
Recently, I watched a home buyer initially put down a $1,500 escrow deposit on their new home. Guess what happened next?
This same home buyer received a “refund” of $946.00 at closing… so they purchased their new home for less than $600 AND they now are eligible for the $8,000 Tax Credit!
Even better…if it’s even possible to get better…their annual percentage rate (or APR) is 5.4%.
FIVE (point) FOUR PERCENT interest rate!
All I can say is “WOW”!
Unbelievable, isn’t it?
By far, this is the home financing secret weapon!
Understanding this amazing 102% 30 Year Fixed home financing loan program is helping buyers grab the keys to their new homes…with little money out of their pockets & NO private mortgage insurance (PMI).
Call me now for more information on this amazing home financing secret weapon. If you’re familiar with this loan program or you have a question or comment, scroll down below & leave your question or comment. I want to hear from you. And I promise to respond.
To qualify, you need to meet these two main criteria:
1. Property location
2. Household income.
Sarasota homes for sale suddenly have a secret weapon when many other “easy” loan finance programs are gone. This government-backed loan program is alive and well and allowing many house hunters to become home owners. AWESOME! 
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