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Michael D Delp

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Mortgage Broker or Lender at Mortgage Pro
About:
Michael D Delp
Mortgage Pro
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PMI and points?

Michael D Delp answered:
Superflylinz,
There is also a GRH loan available in certain areas(Guaranteed Rural Housing). It depends if the property is eligible. If you and the home qualify, there is no down payment and you can get up to 6% in closing costs. There is no monthly mortgage insurance. You pay the mortgage insurance in an upfront fee which can also be rolled into the loan. It is a great first time home buyer program. It allows the buyer to put very little money out of their pocket.
If you need any more information, feel free to contact me.
The very best of luck to you!

Michael

Michael D Delp
Mortgage Pro
4802 Old Bethlehem Pike,
Telford Pa. 18969
Ph- 215-453-1025
Fax- 215-453-1012
Cell- 610-762-0318
michaelddelp@aol.com
michaelddelp@verizon.net
http://www.mortgagepro.instantlender.com - Wed Aug 5 2009, 06:30

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