2.625%
Term: 30 Yr Fixed
Los angeles, CA
Lender: Citimortgage
- Mortgage Amount
$755,116 - APR
2.625% - Mortgage Payment
$3,899 - Property Type
Four - Closed
07/15/2016 - Buy-Down
$11,327 - Down Payment
$0 - Closing Cost
$0
I was qualified for an FHA loan back in 2015 for $275K. In Los Angeles this will not buy anything. I heard about NACA in July 2015 and thought I would give it a shot. I wanted to purchase a multi-unit building and the program really interested me in regards to how they structure multi-family loans. After meeting with my counselor Kraig I realized I qualified for a loan over $700k for a multi family unit. At this point I was hooked and nothing was going to stop me from closing. Kraig is an excellent source of information and is extremely helpful on top pf being a great communicator. Staying on top of all the paperwork is the hardest part, and like all good things in life, it takes patience getting through the work w/HAND and Citi but it does pay off!! NACA is the best! Stick with it. Get through it. OWN a home!!