Introducing the FHA & HUD-Owned Home Sales Incentives. Increasing the Affordability of Homeownership.
INCENTIVES
Up to 110% LTV,* varies by county.**
$100 down payment with FHA financing.
$5,000 sales allowance paid to
borrower for closing costs, prepaids
and/or repairs at closing when using
FHA financing.
HUD 3% allowable closing cost
funds still apply.
WHAT PROPERTIES ARE ELIGIBLE?
All HUD-owned homes for sale in
eligible states/territories.***
Only properties purchased by an
owner-occupant are eligible.
For list of eligible homes in Miami-Dade and Broward counties CALL or EMAIL TODAY
*The LTV may exceed 100%, up to 110%, as the result of fi nancing closing costs and prepaid expenses, and/or to fund a repair escrow included in the sales contract. The cost of repairs
may not exceed $5,000. **Refer to maximum loan amounts section in product description.
***The new products are available in all states/ territories where HUD is currently off ering its
$100 down payment program. See product description for state restrictions. Programs available only to qualifi ed borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. 0309
When it comes to choosing professionals to assist you with your real estate needs...Experience is Priceless! Andre'Shambley & Miami's Best Real Estate Team, 305-396-9106. MiamiBestTeam@AOL.com. www.OnePlaceOpenHouse.com
Ready to refinance or looking for a better rate? For your complimentary rate quote visit Jacinta Shambley, APEX Lending, Inc. JShambley@ApexLending.com. www.JShambley.ApexLending.com
