American Homefront Mortgage

And 

Realty World Caton & Associates

Introduces Rural Development

NO DOWN PAYMENT PROGRAM

Due to the recent crisis in the mortgage industry, No Down Payment loans have become virtually non-existent.  With the continued necessity for rural development in our country, American Homefront now provides 100% financing for eligible homebuyers in rural-designated areas.  Now that this innovative program has been introduced, many prospective homeowners who once thought they could not be pre-approved to purchase a home, may now qualify.  Call now for more information about this new program!

• No Downpayment Required

• The Rural Development Program provides 100% financing for eligible homebuyers in rural-designated areas.

• No Mortgage Insurance

• This program also eliminates the need for Private Mortgage Insurance, which can cost homeowners a few hundred dollars per month.

• No Cash Reserves Required

• This allows borrower to keep luquid cash savings and other investments.

• Guaranteed Fee

• A 2% Guaranteed Fee is added to the loan amount.  This is much less when compared to monthly mortgage insurance payments, required on other loans.

• Source of Closing Costs or Down Payment

• All closing costs can be gifted or paid by seller

• Competitive 30 Year Fixed Rates

• These rates are very compareable to your standard conforming fixed rates. There are no Adjustable Rate Mortgage loans with this program.

• Property must be in an eligible area to qualify

Please contact and American Homefront Representative today for more information and eligible areas.