Tim Bradford - AMMCorp.net

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Purchase this 105,000 Home and pay only 100.00 Per Month for 1st Two Years

This is not an advertisement for a particular home.   The $100.00 per month is the net monthly payment that is possible for a buyer that purchases a home for $105,000 at a 30 year fixed rate of 5.00% after taking into account the Tax Credits available to a buyer today in Ohio.   The actual Principle and Interest Payment is $563.66 for 30 years.    If the buyer qualifies and uses the OHFA Mortgage Credit Certificate Program and the $8,000 Stimulus Tax Credit the home could cost them on $100.00 as a net Principle and Interest payment.   Here is a calculator that does the actual math. 

http://www.firsttimebuyers-mortgages.com/OHFAMCCTaxCalculator.php

 


Tim Bradford
Ohio Mortgage Banker LO.007173.000/ NMLS 250013
Cell: 216.324.8113 Anytime
www.GetAMortgageNow.com or www.Go2Apply.com
www.OhioHomePath.com or www.OhioRuralHomeLoans.com

Serving the Ohio Realtors and Home Buyers and Home Owners
Comment balloon 1 commentTim Bradford • March 07 2009 01:37PM

Comments

Hey Tim,

  Thank you so much for this excellent post.  I think that all agents can benefit from your knowledge and expertise of this product.  Agents can use your tool at their open houses or brokers opens to help attract some more buyers and get some of the buyers who are on the fence and waiting.  Those agents who have not contacted you yet for this information should definitely start since this would help them their pipeline as we enter the spring buying season.  Thanks again!

Posted by Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio (Liberty Home Mortgage Corporation) over 8 years ago

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