Flex Down Payment Program
Do you wish to buy a home but you’re having a hard time saving the down payment?
If you have room in your ratios (income vs. Debts) you may be able to just borrow all or part of the minimum 5% down payment from a credit card, personal line of credit or a personal loan. This is called a Flexible Down Payment Mortgage. One thing to keep in mind with this option is that, along with your new mortgage payment, you`ll also have another additional monthly payment to pay off the borrowed funds.
Please contact me to see if the Flexible Down payment program a good fit for you would be!