Spring is here, and so is one of the best times to buy a home! With more homes hitting the market, now may be the right time to start your journey toward homeownership. Our trusted partners at Atlantic Coast Mortgage (ACM) can help you get pre-approved, explore your options, and get you one step closer to your new home.
Explore Your Loan Options:
From low and no down payment programs to options that provide down payment assistance or help with closing costs, ACM offers a wide variety of solutions to help qualified buyers take the next step.
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Federal Housing Administration (FHA)
An FHA home loan allows for down payments as low as 3.5% of the purchase price, flexible credit requirements, flexible monthly debt-to-income (DTI) requirements, and Mortgage Insurance (MI) less than 20% of the purchase price.
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ACM’s Game-Changing $2,500 Down Payment / Closing Cost Assistance Opportunity
Eligible homebuyers with income at or below 50% of the Area Median Income (AMI) can take advantage of this offer through their HomeReady and Home Possible Conventional financing solutions. The best part is that only one borrower on the loan needs to be a first-time homebuyer, making this program accessible to a wide array of homebuyers.
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ACM’s Down Payment Assistance Program
This loan program offers 100% financing with no first-time homebuyer requirement, flexible credit score options starting at 600, and the ability to include non-occupant co-borrowers.
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Low Down Payment Opportunities for Homes Outside Traditional Loan Limits
ACM’s Jumbo Adjustable-Rate Mortgage (ARM) option can also offer several advantages, including the potential for lower initial interest rates, the ability to pay down your mortgage faster, and added flexibility.-
Low Down Payment Options:
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3% Down Payment → $850,000 (Purchase Price)
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5% Down Payment → $1,000,000 (Purchase Price)
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10% Down Payment → $2,000,000 (Purchase Price)
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Start your homebuying journey confidently by getting pre-approved with ACM. This crucial first step will help you understand your price range and give you the competitive edge to make a strong offer. Planning to buy this spring? Click the link below & get started with ACM today!
Apply now to start your home financing journey with Atlantic Coast Mortgage today!
