Home Loan Specialist

1% Down Payment for Teachers

Down Payment and How it Works:
30 Year Fixed FHA 1st @ 92% of purchase price
20 Year Fixed 5% 2nd mortgage wth a 7% interest rate
Mandatory Gift equal to 2% of the 1st from Family Housing Resource
Buyer Contributes 1% or true gift from family member

This Program was designed for:
Owner Occupied Units
2 unit
Manufactured Home

Minimum Credit Score:
Must have a 550 with Automated Approval
Or 580 with manual underwritin… Continue

Community First Financial is proud to announce our new Rehab Loan Program. This loan is designed for borrowers to acquire a short sale or bank owned property and include the remodeling and repair costs.

Benefits:
•Only 5% of borrower funds required
•Use After Repair Value
•One Time Close (coverts to permanent loan after repairs)
•Up to $650,000
•No payments during rehab
•Minimum $25,000 in repairs or upgrades
•95% Loan to Cost (purchase/payoff + repair)
•80% Loan to Future Appraised Valu… Continue

There are a lot of ways to identify schools in your area. One of the best is simply by car. For those of us that have kids we know our schools and districts really well. Below are couple of links that provide additional information on schools through out Arizona.

ARIZONA SCHOOL DISTRICT WEBSITES

INFORMATION ON GREAT SCHOOLS… Continue