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Monument Financial Real Estate and Mortgage Solutions

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Old 02-28-2017, 1:39 PM
Punisher's Avatar
Punisher Punisher is offline
Join Date: Nov 2009
Location: Post Falls, Idaho 83854
Posts: 250
iTrader: 14 / 100%
Default Purchase home with 1% down

For those wanting to buy a home, but are short on down payment funds, this may be a solution for you.

We're offering the Conventional Purchase program that requires just 1% of the sales price as down payment, for primary residence purchases up to $437,000. As an example, a $400k purchase price would require just $4,000 down.

Down payment can come from borrower's own funds, retirement accounts, or as a gift from a relative. And first time homebuyers are welcome, however they will need to complete an online housing counseling course prior to closing.

Below are examples of the total payment on a 30 year fixed at varying purchase prices:

$2,560 total payment on a $400,000 sales price
$2,000 total payment on a $300,000 sales price
$1,400 total payment on a $200,000 sales price

Give me a PM or call for more info or questions! All applicants must qualify. Other options are available that may be a better fit.
Official Calguns Vendor for Home Loans & Real Estate since 2012. VA loan expert, no cost refinances, and on a mission to continue my reputation of good deals, honesty and supporting the Calguns community. Check out my customer reviews in our forum.

Pm me any questions, rate quotes, loan preapprovals, or any other real estate need or question you may have. I'm here to help. Semper Fi!
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