How Many Homes Can Be Sold With a 3.25% Fixed Rate Mortgage That Ends Up at 5.25%???

Imagine this: You, as a Realtor have a house listed for sale and a motivated seller.  This seller is willing to pay up to 4% to 6% or higher towards the buyers’ closing costs and prepaids.  You have a prospective buyer that qualifies for a USDA Rural Housing Loan (the income limits starting January 20, 2009 are much higher than where they currently are).

Imagine now that you send your buyer to Northstar Mortgage Group for their financing.  They don’t have a lot of cash to use towards closing and their credit score is a 580.  Imagine that they are told that they can get a 30 year fixed rate mortgage and that the rate the first year will be 3.25%, the second year will be 4.25% and that years 3 through 30 will only be at 5.25% AND that they have to bring NO MONEY WHATSOEVER to closing.  Could you sell that house?????

We are able to offer this program in a large number of areas of Florida, Alabama, Georgia, Tennessee, North Carolina and South Carolina.  Many prospective buyers are fearful to even consider trying to get financing because of all that they are hearing in the national media but this program IS available!

If you are a buyer, you need to know that you can get financing as long as you qualify for the payment.  If you recently started a new job and know that in a couple of years your income will be higher, this is perfect for you!  If you recently graduated from college and are just getting started in your field, it is an ideal solution for you.  If you recently got married or divorced, this program works for you!  If you have owned before or have never owned before, this is a great way to buy a new primary home now.  Why wait?  Rates and prices are low and may start to go up.  You can actually own your own home for less money that you currently pay in rent!  STOP PAYING YOUR LANDLORDS’ MORTGAGES!

You can email me for additional information or make application at my website.  DON’T DELAY – the rates may never be this low again!