Mortgage Options

Century 21 Selling Paradise has various mortgage lenders who are ready to assist you in financing what is the biggest purchase a consumer makes - a home. Below you will find information on the various types of financing available. If you have any further questions or would like to see if you qualify for a certain type of financing contact me, Angie Mamian, today!

Conventional Mortgages:

·         Primary home as little as 3% down payment

·         Second Home as little as 10% down payment

·         Investment home as little as 20% down payment

FHA Mortgages:

·         Primary Home – 100% Financing

·         Seller can pay up to 6%, credit as low as 620

Foreign National:

·         3/1 or 5/1 ARM, 70% financing

·         Minimum: 100,000

·         Maximum: 800,000

Construction Perm:

·         3/1 or 5/1 ARM

·         80% Loan for Primary Home

·         75% for Second Home

Construction Only:

·         Primary Home: 80% loan, 20% Down Payment

·         Second Home: 75% loan, 25% Down Payment

Hard Money:

·         Case by Case 40% Down Payment

Homepath:

·         Primary Home 3% Down Payment

·         Second Home 10% down payment

·         No Appraisal