100% Financing: If you are an Owner/Occupant & your income or yours & a Co-Borrower is less than $48,300 per year, you can apply for a 100% Loan through BBVA Compass Bank. As a purchaser using this loan, you must have $500 toward the Purchase or Costs & the Lender & the Seller can pay the remainder. You MUST have a Credit Score of 620 or above. As of 5/27/16 the Interest Rate is 4.50% Fixed & Amortizes for 30 years (Rates subject to change). There is NO Private Mortgage Insurance (PMI) associated with this loan. The approximate payments on this loan for this home is $425.00 - Principal, Interest, Taxes & Insurance (PITI). Home Buyer, I beg you to find rent on a home this nice, this low. It's not going to happen. Call your agent for your own personal viewing. You'll be glad you did!!! Folks this is a Great Starter Home for Newlyweds or a blooming family. Has newer Heating & cooling system and 3 large bedrooms. Has a nice living/dining combo and small eat-in kitchen, Nice single car carport, fenced backyard with a great stand of grass, pecan tree and peach tree. Take a look at this home and bring the parents along - You'll have their endorsement for the price & location.
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