Saturday, May 19, 2007

New Orange County First-Time Homebuyer's Program

News Flash! Their is a new and improved Orange County home loan program designed just for first-time homebuyer's.

The new program has the following unbeatable home loan features.

  • No Down Payment Required
  • 100% Financing Available
  • Special Discounted Interest Rate
  • Gifts For Closing Costs Allowed
  • Maximum Purchase Price: $571,128.00
  • Minimum Middle Credit Score (FICO): => 620

    This program offers two loan term options:
    35 Year Fixed Rate Home Loan W/Interest Only Option!
    40 Year Fixed Rate Home Loan

    There are some income restrictions:

    Maximum Income Limits: The moderate income program above has a rather generous income cap. There are also a few combinable low income programs for those with incomes below the Low listed amount.

    Moderate Income/Low Income
    1-2 Person: $97,320.00/$58,392.00
    3+ Person: $113,540.00/$67,151.00
    3 Years USA Income Tax Documentation Required

    Note the program's guidelines defines a first-time homebuyer as someone who has not owned a home for the last three years! If you have not owned any residential real estate for the last 36 months, you may be candidate for this unbeatalbe first-time homebuyer's program. For more details and exact term and conditions of this program, contact the Louison Team for a refferal to one of their preferred program lenders.

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