PowerPoint Presentation

USDA the NO Down Payment MortgageBrought to by : CURT HALLFitzgerald Financial Group

Lets show you results in advance on how you can buy a home and spend very LITTLE $$$ in the process. Take a look here at a couple samples from last year.

Sample #1 Settlement Sheet i

Here are 3 samples that show you in realty that you can get to settlement with little or NO money out of pocket.

This example is where my buyer gets back his $500 deposit and the inspection fees he paid for upfront.

Sample #2 Settlement Sheet

This example is where my buyer increased their loan amount to cover all their costs due to the home appraising for more than the sales price.

Sample #3 Settlement Sheet

In this example our buyer was able to get $1995 of his $2000 deposit. Wow, bought a house for $5 Bucks!!

Let me show you how this is done and what qualifications you need.

Youll learn what kind of Credit Requirements are needed and the highlights of the loan eligibilityWhat are the Income Limits? How to determine them.Where to look them up. Here is What You Will Learn Today1

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Loan Eligibility There is no loan limit with this program.There are Income limits for each county in MD. Eligibility is based on the income of all persons that will be occupying the home. (not just those on the loan) The property must be located in an Eligible area. All borrowers on the loan must have a min. credit score of 640 Dont have a score that high? I can help you get there.The number of people living in the home also determines eligibility

Loan Eligibility & Facts Non-Occupying Co-borrowers are not allowed No co-signersThere is NO minimum cash investment required from the borrowers. You dont need ANY $$$ into the deal. I showed you that.Seller can pay up to 6% towards buyers closing costs.Buyer can finance their closing costs if the home appraises for more than the sales price

You DO NOT need to be a 1st time home buyer.This is a 30 year fixed rate mortgage loan.The program has no Pre-payment penaltiesWe need only 30-45 days to process this loan compared to other lenders who take upwards of 60 daysWhen compared to a FHA loan, the monthly mortgage cost for USDA is .40% VS FHAs monthly costs of 1.35. FHA requires a min. down payment of 3.5% of the sales price.

*Finance your closing cost into the loan!

Loan Benefits & Little Known USDA Facts

Income LimitsFrederick & Montgomery in MD. for example: 1 to 4 person family - $ 101,0005 to 8 person family - $ 133,000 Income limits are listed on the USDA web site http://www.IsItUSDA.com/There are certain deductions we can use to lower a buyers annual income, for example:Child Care Deduction (Annual Amount Paid for Child care). The deduction is for the care of minors 12 years of age or underReasonable expenses for the care of an individual with disabilities may also be deducted from annual income. Call me for more details.

What did we learn?We learned that Curt can help us buy a home with little or NO money!!We need a minimum credit score of 640. If we dont have it, Curt can set you up with a plan for FREE. He will help you become a Home Owner. There is NO loan limit but there are income limits. I can look up the income limit on USDAs web sit located at http://www.isitUSDA.com/ You do not need to be a 1st Time Home Buyer to qualify. If my income is more than the limit, there are deductions that can be applied. Curt will help me with figuring the income.If the house appraises for more than the sales price, I can roll in my closing cost and escrows up to the appraised value. The last thing to do is I need to call Curt and discuss this program and let him help me determine if I am eligible for the program.

Ready to Start the Process?

To start call Curt Hall301-788-2982 9 am 7 pm Mon.- Sat.Or apply online for FREE atwww.monarchbank.com/chall WANT A FREE REPORT?13 FAQs about the USDA ProgramEmail Curt @ challjr@monarchmtg.com

Let us unlock the mystery of homeownership for you today!

Stop paying your landlords mortgage and start paying your own!

We will be happy to turn over the Keys to your new home.

Just take the 1st step and call us today!

Have credit issues or concerns?? I will take care of that for you and lay out a credit plan for FREE! All you need to do is make the call.

Let us help you find a home today!

Get Pre-Approved today!

Click HERE to Apply for FREE

It takes less than 24hrs to get Pre-qualified!

Fitzgerald Financial GroupA Division of Monarch BankLocated in Frederick MD.

Curt HallMaking Home Buying Dreams Come True!USDA Loan Specialist301-788-2982 CellMon Sat. 9am 7pm

I handle loans in MD, VA, WV, PA, DE, NC & SC!!

Have Questions? Comments?We are happy to help you!