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CHAMP LOAN

Description and benefits:

Example:

1.  Bank Portfolio loan

2.  3% down payment  

3.  Down Payment Assistant programs allowed

4.  Minimum investment of $1,000.00 

5.  Seller can contribute up to 6% of the loan

6.  Competitive rates 

7.  NO MORTGAGE INSURANCE

8.  Non-warrantable condos OK

9.  Can not exceed 80% of HUD median income 

(Larimer 54,393 Weld 43,195)

10.  No cash reserves required 

11.  Debt ratios up to 40%

12.  One year bankruptcy OK

13.  Primary Residence only (New and Re sale)

 
Compare Loans CHAMP 30 Year Fixed
Rate 6.625% 6.625%
Purchase price $150,000.00 $150,000.00
Down payment $4,500.00 $7,500.00
Principal and Interest $931.00 $912.00
Taxes and Insurance $162.00 $162.00
Mortgage Insurance $0.00 $92.00
Total Payment $1,093.00 $1,166.00
Total 

Out of pocket Cost

 $1,000.00 $7,500

With less money down and less out of pocket costs you end up with a better payment. 

Knowledge is Power

Having the right Agent can make all the difference on the bottom line.

I am here to work for you

DARE 2 TRY

 

 NO MONEY DOWN HOME PRESENTATION 2005 SALES STATS GAMES

Jeff Puckett

 Office: (970) 419-6584 Cell: (970) 481-0451 Fax: (970) 223-6933 E Mail Me
This page features Fort Collins real estate, and homes for sale, land for sale and other real estate for sale in Fort Collins, Loveland, Greeley, Wellington, Windsor, Berthoud, Longmont, Cheyenne, and neighboring communities. Search this site for homes for sale in Larimer County communities including, Fort Collins, Loveland, Greeley, Wellington, Windsor, Berthoud, Longmont, Cheyenne, and find your dream home! Jeff Puckett, an experienced real estate professional, can help you buy, sell or lease a home or other real estate throughout the Larimer County, Fort Collins, and the surrounding communities. The very best Realtor you can find anywhere.  Jeff Puckett, a Fort Collins realtor with property for sale through out Colorado and the Front Range.  Jeff Puckett has the tools to help you find no money down property, no money down homes, government loans, owner financing, owner carry, real estate investments, duplex, rental property, new construction, foreclosed property, foreclosures, horse property, land, construction loans, and anything else real estate related you may need.  Jeff Puckett is the perfect realtor for you.