Hello All Realtors and Real Estate Agents,
Northeast Financial, located in Middletown CT, has a compiled a summary of some of the resources that are available to you in Connecticut so you can better advise your clients when it comes to mortgage availability on the properties they are looking to buy.
USDA: 0 down payment loan program. To see if a property fits within the geographic requirements type the property in here: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
Find out what's happening in Montvillefor free with the latest updates from Patch.
VA: 100 percent loan program. Veterans need a Certificate of Eligibility. The link below gives information in obtaining certificate. http://www.benefits.va.gov/homeloans/documents/docs/veteran_registration...
FHA Condo: To purchase a condo through FHA condo has to be on FHA’s approved condo list see below. https://entp.hud.gov/idapp/html/condlook.cfm
Find out what's happening in Montvillefor free with the latest updates from Patch.
Loan Size Limits: Many Mortgage Companies provide mortgages from Fannie Mae or Freddie Mac. They both have loan limits per county. See loan limits: https://www.google.com/#q=fannie+mae+loan+limit+connecticut+2014
Credit Score Requirements: For the loans listed above and as well for CHFA and Jumbo Loans there are credit score and LTV requirements. To get information on this contact me directly (my contact information is below).
Rates and Misc. Information: For Rate trends and other Realtor Resources please visit our site at: http://northeast-mortgage.com/realtor-resources/
We also have a fairly easy pre-approval process that can start here at: Northeast Financial Pre-Qual
If you have any questions regarding scenarios please feel free to reach out to me 24 hours a day.
Craig Thibeau
Senior Loan Officer
North East Financial Middletown, CT
Ph 860-334-1354
NMLS 398576 Company NMLS 117273
craig@northeast-mortgage.com
www.northeast-mortgage.com
