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Financing in 43016 : Real Estate Advice

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Wed Sep 14, 2011
Biancamosey answered:
If you are seeking information about the FHA 203k loan program or new home construction loans, you have found the right source! American Midwest Mortgage Corp. makes FHA 203k and Conventional renovation loans in Ohio and a few other states. Please call or e-mail us for details. .

Chances are you have visited our site because no mortgage banks offer the FHA 203k loan program in your community (very few lenders offer these programs at all). Or perhaps you are seeking information because you have found that the FHA 203k loan programs offered in your area are not competitive. Or perhaps you’ve simply heard about the FHA 203k loan program and you are trying to learn more.

We are American Midwest Mortgage Corp. and we are specialists in the FHA 203k loan program and new home construction loans.

American Midwest Mortgage Corp. makes competitive renovation loans (including the FHA 203k loan program) in Ohio and elsewhere in the nation, possibly where you are. Please call or e-mail us to see if we can assist you with your renovation loan.

We offer the following loan programs:

Traditional (Standard) Loan Programs available for purchase or refinance.

> Conventional Loans :-

* Fixed Rate Loans - 40, 35, 30, 25, 20, 15, and 10 year

* Adjustable Rate Mortgage (ARM) Loans - 10/1, 7/1, 5/1, 3/1, 1 year, 6 month, 3 month, 1 month

* Balloon Loans - 7 year, 5 year

> Special Features:-

* Temporary Buydowns 3-2-1, 2-1, 1-0

* OHFA Bond Program / My Ohio Mortgage - Below market rates for First Time Homebuyers

* Zero Down Payment - 100%

* Interest Only Payments

* New Construction Extended Rate Locks

* Jumbo Loan amounts greater than $417,000

* Condominiums, Second Homes, 1-4 Family Investment Properties

> FHA Loans :-

* Fixed Rate Loans - 30, 25, 20, 15 year

* Adjustable Rate Mortgage (ARM) Loans 3/1, 1/1

* 203 (k) Substantial Rehabilitation Loans - Purchase and Refinance

* 203 (k) Streamline Rehabilitation Loans - Purchase and Refinance

> Special Features :-

* Temporary Buydowns 3-2-1, 2-1, 1-0

* OHFA Bond Program - Below Market Rates for First Time Home Buyers

* County and Municipal Down Payment Assistance Programs

> VA Loans :-

* Fixed Rate Loans 30, 25, 20, 15 years

* Adjustable Rate Mortgage (ARM) Loans 5/1, 3/1, 1/1

> Special Features :-

* Temporary Buydowns 3-2-1, 2-1, 1-0

* OHFA Bond Program - Below market rates for First Time Home Buyers

* Zero Down Payment with VA Eligibility

Reference Link:- http://fha203kloan.org/
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