Mortgage News you can use to help you purchase a home ! BB& T announced changes to Community Homeownership Incentive Program (CHIP) – The latest mortgage news updates this program that now requires a 3% down payment. Private mortgage insurance is waived. First-time home buyers and previous homeowners are eligible; however, income cannot exceed 80% of county median income. Wells Fargo Programs - Community Development Mortgage Program (CDMP) is 2% down payment (including gifts and funds from approved sources). No mortgage insurance required. Income must be below 80% of area median and borrower does not have to be a first-time buyer. Seller contributions up to 3%. Neighborhood Community Development Mortgage Program (NCDMP) require a 5% down payment (includes gifts and funds from approved sources). No mortgage insurance required. Borrower does not have to be a first-time buyer, but must purchase in a low-to-moderate income census tract. Reserves required … [Read more...]
Adolphus Hawkes Realtors Launched New Website – www.ahawkesrealtors.com
Adolphus Hawkes Realtors launched new website www.ahawkesrealtors - After months of research, discussion, planning and consultation with Agent Image our web site developer, design staff and marketing experts we finally launched our new website. We have a dream of making this website a major hub for real estate information. With this information buyers, sellers and the general public will have better insights into the real estate market process. And, offer search functionality that is linked to the MRIS - Real Estate in Real Time. The site offers unlimited searches on great places to live and to raise a family within the D.C., Maryland and Virginia areas (DMV). Also, valuable information on communities in school information that is important to a family. The site have been active for a couple of years and have received incredible positive feedback from visitors. We feel that our website will greatly enhance our brand and ability to attract clients moving into or out of … [Read more...]