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Connecticut Mortgage: Learn How to Buy the House of Your Dreams – Free Brochure

Posted on June 20, 2016 · Posted in Connecticut First Time Mortgage

Buying a home in Connecticut has never been easier!

All you need is the desire, the know how, a good credit score, the ability to repay the loan, and someone like me to help you with every step along the way.

At Northeast Financial we truly cater to first time home buyers and offer every loan type for almost every situation.  We offer Veteran Mortgages (VA Loans up to 100% financing), USDA Home Loans (up to 100% financing), FHA Mortgages (3.5% down), CHFA Loans (State of Connecticut No Money Down – First time Home Buyer Loans), and Conventional Home Loans (No PMI at 5% down).

Buying a home can be stressful – but doesn’t have to be.  Let me help you today on your path to homeownership.

Click Here to get our free First Time Home Buyer Brochure: Free Home Buyer Brochure

 

Thank you,

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Michael Meyer
Senior Vice President of Northeast Financial
NMLS#117875
Mike@northeast-mortgage.com
860-876-0572
210 S. Main St Middletown, CT 06457

Company NMLS#117273 

http://www.zillow.com/profile/MichaelMeyer8/

https://www.linkedin.com/company/north-east-financial

https://www.facebook.com/pages/Northeast-Financial-Mortgage/143761005796033

Residential Clients: Click Here For Application

 

 

1% down disclosure

NMLS# 117273, Northeast Financial, 860-788-7237

Borrower contributes 1% down, lender contributes 2% down of the loan up to $5,000.00 for the down payment, and the borrower is responsible for any difference to get the required 3% down.  The principal and interest payment of a 200K 30 year Fixed Rate Loan at 4.375% and 97% loan to value is 998.57 with 0 points due at closing.  The annual percentage rate is 4.633%.  The principal and interest payment does not include property taxes and home insurance premiums, which can result in a higher actual monthly payment.  Rates current as of 06/20/2017

 

 

3% down disclosure

NMLS# 117273, Northeast Financial, 860-788-7237

The principal and interest payment on a 200K 30 year Fixed Rate Loan at 4.375% and 97% loan to value is 998.57 with 0 points due at closing.  The annual percentage rate is 4.433%.  The principal and interest does not include taxes and home insurance premiums, which can result in a higher actual monthly payment.  Rate current as of 06/20/2017

 

 

FHA Disclosure

NMLS# 117273, Northeast Financial, 860-788-7237

The principal and interest payment on a 203,500 30 year FHA fixed rate loan at 3.25% on 96.5% loan to value is 1,025.99 with 0 points due at closing.  The APR is 4.491%.  Payments include a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and monthly MIP is calculated at .85% of the base loan amount.  The .85% monthly MIP is required for a specific period of time regardless of your down payment or equity in your home.  The principal, mortgage insurance, and interest payment does not include property taxes or home owner’s insurance premiums, which will result in a higher actual monthly payment.  Rates current as of 6/26/17