New 1% Down Payment Program

My trustworthy man at Ruoff Mortgage, Alan Pressley, tells me they have a brand new Conventional loan program out— and it only requires a 1% cash down payment from the home buyer.  Actually it gets even better!  The loan is actually a K3% down product, but Ruoff is putting up the other 2%.  (How out them apples!)

These mortgage loans can be used to purchase single family homes.  And you do not have to be a first time home buyer!  A 680 credit score is required for this program.  Keep in mind, however, there are other programs that are somewhat similar and at least one that only requires a 660 credit score.  One things for certain— There are a lot more loan programs than there were 2-3 years ago.  Which makes NOW a great time to do biz with someone who can connect you with other people who can make good things happen!!

“I work harder to make good things happen!”  -Bob

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