Just a friendly reminder that the City of Woodbury is still offering $25,000 in deferred financing to qualified first-time homebuyers or purchasers of foreclosed homes.
· Our interest rate is 3.00% simple interest
· Principal deferral reduces monthly payments by $70 per month on an ongoing basis
· Most lenders view our $25K as equity—conventional financing here we come… this means no PMI or FHA premiums for your borrower!
· Woodbury money is exempt from MRT—lower closing costs equals happier borrowers!
Let Cambria Mortgage welcome you home. Call us today at 877-942-0110. Hope everyone had a great Thanksgiving!