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Homes in Columbia SC Just Listed Qualifying for 100% Financing NO PMI
Dated: October 14 2022
Buy Your First Home with No Money Down
Highlighted a sample of real estate for sale which may qualify for the PATH loan program. This is a unique loan program that allows 100% Financing with no PMI. That essentially means the borrower saves hundred per monthly payment typically and lose no benefits. The text below is what was received by a loan officer that specializes on this loan program.
To make it as easy as possible to identify listings potentially eligible for our PATH loan program, I put together the list below. It includes all the homes that may qualify that went on the market in South Carolina in the last seven days.
As a reminder, PATH is a 100% financing option with no private mortgage insurance (which gives your clients more purchasing power since they don't have to make room in their monthly mortgage payment for that PMI). It's a fixed-rate product that can be used to buy properties, without maximum income restrictions, in low to moderate income tracts or in census tracts with minority populations greater than 49%. Customers who earn less than 80% of the median area income can use this type of loan without those geographic restrictions.1
Let me know if you have any questions about PATH or want me to connect with any borrowers to see if they qualify.
#100%financing #firsttimebuyer #columbiascrealestate #drewkuhlmann
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Buy Your First Home with No Money DownHighlighted a sample of real estate for sale which may qualify for the PATH loan program. This is a unique loan program that allows 100% Financing with no