Saturday, November 3, 2007

You might be surprised to see that you qualify for 1st time Homebuyers financing.

The major benefits to homebuyers are lower Interest Rates and reduced Mortgage Insurance Rates. All State Housing Programs are based on a Fixed Interest Rate Loan with a(LTV) of 97%.
Guidelines For Horry and Georgetown County?
Borrower may not own a home at the time of closing -Example: A borrower can close the sale of the home they currently own at 11:00am and close on their new SC State Housing loan at 11:30am the same day.
The homes price can not be over $200,160
A Single persons income can't be more than $63,480. The more people in the house the greater your income can be - Example: Family's of 3 your income can increase to $74,060

The point is that 1st time homebuyers programs are not just for 1st time home buyers. The State programs are designed to stimulate growth in housing.

Work with your 843Realtor.com Real Estate Agent and let them help you take advantage of this offer. Toll Free 888-935-8862