Are you a nurse looking for buy a new home? I have found a great mortage program to help you out. The best thing about this great mortgage program for nurses is the fact that you only need a 3% down payment and you don’t have to pay any Private Mortgage Insurance (PMI) or an origination fee!
On a regular mortgage, the PMI is about 1% per year, so for each $100,000 financed on your new home, you would normally pay about $1000 per year, or $85 per month in PMI. As a nurse, you can qualify for special mortgage financing that will waive this fee for you!
Mortgage origination is what a lender charges you to basically create your loan and go through the steps of getting you approved and get the deal done. The cost of this is usually an upfront charge of 1%. You can either pay this at closing in cash, or you can roll this cost into the mortgage on your new home. As a nurse, you can qualify for special mortgage financing that will waive this fee for you too! This is a great way to save on closing costs.
If you are a nurse and are looking home for sale, please contact me immediately to find out about this great financing program for nurses! I would
Not a nurse? There may be a special financing program for you. Check out the Special Financing tab above for a list of programs that are available.
Brian Rayl - Keller Williams Realty
Have you considered buying luxury homes?
15 percent of all of my commissions are donated to
Children's Medical Center through "Homes For Children's".
