What's Your
  Home Worth?

Low Income - Good Credit

Low Income-Good Credit-You can afford to purchase a home! 
There is a terrific, affordable loan program for low income, first time buyers to own your home.  The program offers subsidized financing on a monthly basis, depending on your income.  Call or e-mail total income and debt load for your qualification. 
 
Here is a sample for your understanding, your income is $27,000 per year, 3-4 people in the family, you can purchase approximately $125,000-$145,000 or more.  The regular payment on $125,000 @ 6% interest would be $750.  Based on your income, debt load and number in the family your payment would be approximately $250-$550 monthly (depending on your income and debt load).  The loans are 33 years and you can have a tax escrow account set up for your tax and insurance.
 
The home must be in a rural location to qualify.  Qualification is easy and there is no fee.  You need to provide your total income and monthly debt.  Call or e-mail for your personal qualification. dalemcnabb@earthlink.net or 517.663.4500 x252