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More2lend RETAIL HOME FHA PROGRAMS & GUIDELINES FHA PURCHASE PREQUAL FHA REFINANCE DOWN PAYMENT ASSISTANCE FHA RESOURCES

FHA Rate Updates for 9/8/2008

FHA ProgramRateAPR
30 Year Fixed5.875%6.397%
15 Year Fixed5.500%6.280%
5/1 ARM5.500%4.988%
3/1 ARM5.250%4.627%
APR based on 3.0% down payment on a $300,000 sale price

FHA
Purchase Assistance Program


FHA Purchase Assistance Program

1.0% Borrower Closing Cost Credit
(FHA Purchase loans)

  • 3.0% Down to $729,750
  • 0 Down with Approved Down Payment Assistance Program
  • Funds may be 100% Gift for Down Payment and Closing.
  • Up to 6.0% Seller or Lender Credit okay!
  • No Pre Payment Penalty

FHA Refinance

  • Rate & Term Refinance to *97% LTV
  • Cash out available to *95% LTV
  • Past Credit Problems okay!
  • Subprime ARM adjusting? We can help!
  • No Equity? No problem! We will assist you with negotiating a short payoff (or) subordinate financing with your existing lender.

*LTV determined by purchase price or property
value determined by an FHA approved appraiser.


GetDownpayment.com


Down Payment Assistance is still available for Homebuyers receiving FHA Loan Approval prior to October 1st, 2008 - Click Here

Act Now, Before you are shut out of Homeownership!

More2Lend Financial has been a HUD (FHA) approved Lender since 2002. Our clients benefit from our years of knowledge as a mortgage lender and our quick attention to our borrower's needs.

More2Lend specializes in FHA Purchase and FHA Refinance programs, including FHA Secure for borrowers with credit and/or equity challenges. We also arrange residential and commercial hard money financing.

With over 30 year's management experience originating, processing and funding government loans, we are more than just great rates! With this in mind, we anticipate government financing (FHA) will represent up to 60% of all loans funded by year end 2009.

Borrower Benefit:

  • Thorough consultation and review of your loan qualifications including program options, down payment requirements and closing fees.
  • "No Down Payment Required" with Approved Down Payment Assistance Programs.
  • 1.0% Borrower Credit towards NRCC's compliments of More2Lend Financial for FHA purchase loans originated and funded prior to August 31, 2008.
You may provide us with preliminary information about your employment, income and credit situation by filling out our short FHA prequalification We will contact you shortly to discuss your financing options.

If you have any questions, please contact us at 800-310-7577.

FHA Purchase or Refinance Consultation
Click Here

We look forward to working with you!

Sincerely,

Joseph M. Moore
President
More2Lend Financial

 

 

M&H Partners, Inc. DBA More2Lend Financial
HUD FHA Approved Lender # 1931000001
Licensed Real Estate Broker, California Department of Real Estate #01325622
Broker of Record: Joseph M. Moore

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© 2007 M&H Partners, Inc.  |  Phone: (800) 310-7577  |  Fax: (800) 647-8777  |  Email: FHA@MORE2LEND.COM