A new product from a Lund Team, inc preferred lender allows a qualified buyer to purchase with as little as ½ of 1%.  That is buying a $400,000 home with $2,000.

If you can say “Yes” to all of the following you qualify for this mortgage:

• Must be an FHA 30 Year Fixed Rate Loan
• 2nd Mortgage not to exceed 3% of the Sales Price
• 2nd Mortgage proceeds can be used for Down Payment or Closing Costs
• Property MUST be Owner-Occupied
• Borrower can not own other properties
• Borrower must meet Income Limitations (call for details) SAN DIEGO $89,880 and Orange County $101,040
• Borrower DOES NOT have to be First Time Buyer
• Minimum FICO Score 620
• Second mortgage is a 15 year fixed rate loan



Contact Tyson Lund for more information:  760.438.0800 or Tyson@LundTeam.com. 

Posted by Tyson Lund on
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