Now is a great time to purchase a home! Home prices have fallen to affordable levels, interest rates are at historical lows, and the 2009 Tax Credit can provide up to $8,000 if you have not purchased a home within the last 3 years.

Did you know that depending upon the area you are looking to purchase, there is a 100% financing program available through the government? The USDA Rural Development loan is available in many local areas: Middleburg, Green Cove Springs, parts of Orange Park, all of Baker County, and sections of St Johns and Nassau County. This loan has a 30-year fixed interest rate and no Private Mortgage Insurance required, which can save you approximately $150 per month!

The FHA loan only requires a 3.5% down payment and is a very good option for individuals with damaged credit. Speak with a licensed mortgage officer to see if you qualify for this great loan.

Don’t have your down payment but have good credit? Perhaps the SHIP Program is something for you. This program provides you with an interest-free loan which can be used for your down payment or pay for your closing costs. Certain income requirements apply.

Call us today (904) 333-6363 for a list of great mortgage officers in the area or for additional information regarding some of these great loan programs!