Special Programs
Purchase Your Home With Just 1% Down
Elm Tree Funding is excited to offer the conventional 1% down with equity boost loan program
- You put down 1%, your lender contributes 2%*, giving you 3% equity at closing
- Great low rates
- Close typically in 30 days or less
- Conventional 30-year fixed program
- Available with no monthly Mortgage Insurance (PMI)
* 2% lender contribution may only be applied to down payment.
Disclaimer: A sample loan under this program is provided for your reference:
- Loan Amount: $200,000
- Interest Rate: 5.5%
- Annual Percentage Rate: 5.871%
- Conventional 30-year fixed program
- Monthly Payment Amount: $1136.00
- Monthly payments do not include taxes and insurance. The monthly payment obligation may be greater than the advertised monthly payment.
- Available with no monthly Mortgage Insurance (PMI)
There’s no reason to wait. Call today and apply to get the home you’ve always wanted.
Move In With 3% Down
Purchase a home with just 3% down and reduced or no MONTHLY mortgage insurance.
- Down payment as low as 3% (even for first time homebuyers)
- Reduce or even eliminate monthly Mortgage Insurance (not possible with FHA)
- Usually faster, easier and with a lower monthly payment than FHA
- Use gift funds for your entire down payment
- Refinance your current mortgage with as little as 5% equity (regardless of current mortgage program)
Don’t let a big down payment keep you from owning your dream home. Talk to us about the conventional 3% down loan today.
Disclaimer: A sample loan under this program is provided for your reference:
- Loan Amount: $200,000
- Interest Rate: 4.875%
- Annual Percentage Rate: 5.129%
- Conventional 30-year fixed program
- Monthly Payment Amount: $1058.00
- Monthly payments do not include taxes and insurance. The monthly payment obligation may be greater than the advertised monthly payment.
Elm Tree Funding, LLC is a Mortgage Broker licensed by the Connecticut Department of Banking, Consumer Credit Division, NOT A LENDER OR A CORRESPONDENT MORTGAGE LENDER
NMLS # 110851/ Verify our license at:www.nmlsconsumeraccess.org