BB&T TEAMSÂ WITH
WILLIAMSBURG ON COMMONWEALTH
ÂWilliamsburg On Commonwealth is a condo community just 2 miles from Uptown Charlotte.Â Phase V recently sold out and the final phase is now ready for immediate occupancy.Â BB&T has teamed with Williamsburg to offer our buyers 100% financing with no PMI and ratesÂ as low as 4.875%!Â I have attached information about this program for your reference.Â Please contact Cam Barnett at 704-400-6391, or email me at email@example.com.Â You can also check out my website at CamBarnett.comÂ
CHIP â€“ Community Homeownership
Â Incentive Program
100% or 97% financing available with no PMI
Â· Â Â Â Maximum loan:Â $417,000.00
Â· Â Â Â Maximum income limits:Â Â 97% financing - $64,300.00, 100% financing - $51,440.00 household income.Â Can go higher for 5 and over person occupancy.
Â· Â Â Â Ratios:Â 33% housing, 41% total debt.Â Can go up to 45% with 720 credit score and no other debt
Â· Â Â Â Term:Â 30 year fixed only
Â· Â Â Â Homebuyer Education: Â Required
Â· Â Â Â Can use approved down payment assistance program for down payment, closing costs and prepaid, including seller funded down payment assistance.
Â· Â Â Â Property:Â Single family residence, or condo
Â· Â Â Â Minimum buyer contribution:Â $500.00
Â· Â Â Â Reserves:Â 97% financing â€“ one month PITI, 100% financing â€“ two months PITI