If you don´t want your interest rate to change for the life of your loan, a 30-year fixed mortgage is your best choice. You will never have to face a rising interest rate or an increased payment. This is the mortgage for you if you are not planning on selling the house or refinancing it in the near future.
• Take advantage of the current low interest rates for 30-year fixed mortgages. Never worry about increased interest or higher monthly payments.
• If you cannot afford the 20% down payment, you can put down as little as 5% if the loan is for your primary residence and it is a 30-year fixed interest loan.
• Although this is the all-time favorite loan, we can also offer you fixed-rate mortgages for other terms, such as 10, 15, 20, and 25 years. Shorter terms mean less interest and more cash in your pocket. In any case, your monthly payment remains the same for the duration of your loan. This makes budgeting and financial planning easy.
• Get a tax break of up to $8,000 when you buy your first home! Buyers who have not owned a home in the past three years could also be eligible. Ask your Homelynx Home Loan advisor.
• Homelynx Mortgage® 15-year fixed mortgages rates are lower now than in decades. This means your mortgage payment never changes.
• If you can´t afford the full 20% for a down payment, you can put down as little as 5% with a 15-year fixed mortgage on your primary residence and still get a low-rate.
• While the 15-year fixed mortgage is an all-time favorite you can also choose from other terms such as 10, 20, 25 and 30 years. A shorter term means less interest. In any case, your monthly payment and your rate will always be the same from beginning to end.
• Get a tax break of up to $8,000 when you buy your first home! Buyers who have not owned a home in the past three years could also be eligible. Ask your Homelynx Home Loan advisor.
• If you can´t afford the regular 20% down payment, with an FHA you could pay down as little as 3.5% of the price of the home.
• If you are a first-time home buyer or you have not owned a home in the past three years, you could qualify for the current first-time home buyer credit of up to $8,000!
• FHA also allows seller concessions of up to 6% of your home purchase price.
• If you need to lower your monthly mortgage payment, ask a mortgage advisor about Rate BreakSM for FHA – This is a 1% reduction in your mortgage for a full year. By choosing Rate Break on your FHA loan you can enjoy both a low payment AND a fixed mortgage rate.
Congress recently raised the loan limits for FHA loans all over the country! The higher the loan limits, the lower the rates for a larger number of people. Call us at 800-288-LYNX to find out the current FHA loan limit in your county. Don’t miss out by waiting!
• First-time home buyers and people who haven´t owned a house for the past 3 years are eligible for a tax credit up to $8,000! Ask our Home Loan Advisors.
An informed decision is a good decision. Find out if an ARM is for you. If your loan is under $417,000, you may want to consider the 30-year fixed mortgage or the government-insured FHA Streamline Refinance. We will help you make the best choice.
If you are an active member of the military, a veteran or surviving spouse in Southwest Florida, there are many reasons for you to consider a VA loan to buy a home.
• No down payment
• Our VA loans could qualify you for up to $417,000
• You may qualify for a tax credit up to $8,000 if you purchase your first home.
• Bad credit or a low credit score is no obstacle
• Seller can pay your closing costs
• No PMI (private mortgage insurance) to be paid monthly
• You can roll your funding fee into your loan
HomePath® is a Fannie Mae product designed to help sell Fannie Mae owned properties. Homelynx Home Loans is one of fewer than 15 national lenders approved to offer the Fannie Mae HomePath Mortgage financing. HomePath has an exclusive edge that includes -
• As little as 3% down payment on your primary residence
• 10% down for rental or investment properties
• No mortgage insurance*
• No appraisal
HomePath loan for homebuyers
Anyone – HomePath offers extremely beneficial financing options for all buyers and for very affordable homes – whether this is your first home or your tenth!
If you are ready to take advantage of low rates, affordable homes and exclusive financing, call a Homelynx Home Loans Home Loan Advisor now at 800-288-LYNX .
*Ask your lender for cost details on the loan.
HomePath is a registered trademark of Fannie Mae.
Home Lynx Loans LLC7370 College Pkwy Ste. 100 Fort Myers Fl, 33907
