WHAT'S NEW ??

Rates are down!  Rates are lower than they have been probably EVER! -- but can change by the hour. We have had rates go up and down by a half point or more in the same day. So get in now before they are gone for good ! This is the absolute best time to look at your current rate if you own a home already and see if it is worthwhile to refinance. Sometimes even going down 1% can result in substantial savings, depending on the loan amount. And NOW is the absolute best time to buy a home - the deals are plentiful - and we can make the process easy. Call us today and start shopping for that home tomorrow!

If you need help getting your Credit Score up, email me today and let's look at your options!

YOU CAN STILL BUY A HOME WITH

NO DOWN PAYMENT!

With Down Payment Assistance loans temporarily stalled, where is a borrower to go if they really would like to buy that home but do not have the funds for a down payment?  The good news is there are still options. Guaranteed Rural Housing programs allow a buyer to finance 100% of the purchase price and allow the seller to pay all closing costs. Some closing costs can even be financed into the loan in most cases. And the home does not have to be located in a typical "rural" area to qualify. Go to http://eligibility.sc.egov.usda.gov where you can search a property you may be interested in to see if it is in an eligible area. Then call the mortgage experts here at Upstate Mortgage to get pre-qualified the same day!

Another great program to help first time home buyers or those that have not owned a home in the past three years is the SC State Housing Program now offering customers $5000 towards the 3 1/2% down payment needed which in most cases, covers the entire amount.  Sellers can also pay all closing costs on this program, enabling a buyer to get in the home with no money down!

If credit is an issue, FHA will still do loans for less than perfect credit and the small 3 1/2% down payment can be gifted from several sources. Additionally, we have a partnership with Greenvill Housing who will look at getting you the funds for a down payment if you qualify.  Call us today for the details!

Now is still a great time to buy a home and rates are great. Don't let the opportunity for home ownership pass you by!  The experienced staff at Upstate Mortgage will work with you every step of the way.

Sincerely,

Valerie Lee, President

Upstate Mortgage, Inc.