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100% Jumbo Loans $333,000+
No Down Payment Up To $850,000

Mike and Becky's first and foremost question for Shirley's Team was, "How much stock should we sell to raise the cash needed for a down payment on a home."  They were shocked when they heard, "Keep your cash, finance the whole cost of the house with a no-down-payment home loan." Mike replied, "I thought no-down-payment loans were just for people who don't have any money, I have money available for a down payment!"  We showed them how they would be foolish to cash in an investment that earned over 14% per year to put down on a 7% loan that could cost them as little as 5% after taxes. We worked the numbers on paper and in the end Mike and Becky decided to keep their cash in the bank and use a no-down-payment loan to buy their home.

Let's take a look at Mike and Becky's 
Zero Down Payment Loan:

Price: $399,000
Down Payment: $0.00
Points Paid: zero
Loan Program: 80/20, 30 year fixed, jumbo

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Shirley Matlock,ABR,CRS,GRI,LTG,SRES
RE/MAX Advantage Realty

410-465-7777
800-548-3416 x1255
ShirleyMatlock@remax.net

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