My Team Noco/Jerry Smith

My Team Noco/Jerry Smith Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from My Team Noco/Jerry Smith, Estate agent, Loveland, CO.

This is GREAT!"Home buying just got a lot easier. Fannie Mae and Freddie Mac, the country’s two main mortgage rule-makin...
05/02/2018

This is GREAT!

"Home buying just got a lot easier. Fannie Mae and Freddie Mac, the country’s two main mortgage rule-making agencies, now allow home purchases with just a 3% down payment.

The 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single family home, condo, co-op, or PUD without coming up with a full 5% down payment as previous guidelines mandated. Now just a 3% down payment is needed. That’s even lower than FHA requires."

"Now that conventional 3% down loans are a reality, buyers have a real alternative to FHA. While the FHA loan has its benefits, it comes with high upfront fees and permanent mortgage insurance.

The new conventional 97% LTV program is a safer bet for the future, requiring no upfront mortgage insurance fees and cancellable monthly PMI."

Jerry

Credit: Tim Lucas/My Mortgage Insider

https://mymortgageinsider.com/conventional-97-ltv-program/

05/01/2018

Long-term mortgage rates continued to climb this week, reaching their highest level in more than four years. Average rate on 30 year, fixed-rate mortgages are 4.625 percent. This is something to consider if you have been on the fence to sell your home or purchase a home.

05/01/2018

Property 39523 Sunset Ridge Ct, Severance , 80610 has 4 bedrooms, 3.0 bathrooms with 5510 square feet.

05/01/2018

Property 211 Lucca Dr, Evans , 80620 has 2 bedrooms, 1.0 bathrooms with 1116 square feet.

Address

Loveland, CO
80538

Telephone

+19703610159

Website

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