Dear Sam,
The big news last week is that the judge ruled in favor of
allowing the FHA gift program to continue which allows the seller to
pay the required 3% buyer down payment.
Why is this such good news? Because with the tightening of the
credit industry, it is getting harder and harder to approve buyers with
any blimishes on their credit unless they are putting down a lot of
money. And, unfortunately, most buyers in are market are not in that
category. FHA is the way to go for most buyers right now and we know
how to close FHA loans!
So, call me and I will show you how this works so your buyers will
be very happy and you will be their hero for recommending me to them!
And if you have a jumbo buyer, ask them if I can get
them a really good competitive rate and this help you win them over
too!!
We have the best JUMBO RATES!
Sam Thompson, Senior Mortgage Advisor
Mortgage Services, PHH Mortgage
843-230-7929