City of Pensacola Florida

Great Program with today's challenges

Here are your benefits of our Homepath loan:    (Call Royce Ingram, Mortgage Specialist, for details ~ 850.207.2775)

Ø No appraisal needed – AVOID 3^rd party appraisal vendors, appraisers, & underwriters that are notorious for not meeting YOUR closing dates. Get your clients moved in early or on time, and get your commission on time!

Ø 3% down payment option for owner occupants

Ø 10% down payment option for 2^nd home and investment properties ~ WOW!  the average down payment is currently 20% or more for non-Homepath loans.

Ø Credit score of 660 required for LTV’s over 80%

Ø Condo’s do not require an appraisal, & are already approved!

Ø Up to 6% seller contributions for closing costs for primary & 2^nd home purchases

Ø Private Mortgage Insurance (PMI) not required --  call Royce for details ~ 850.207.2775

Ø No limit on the number of financed properties if purchasing primary residence

Ø If the logo next to the listing on the Homepath website says “Renovation mortgage” – your owner-occupant buyer has the option to finance up to $31,500 in repairs.

Ø Declining market reduction in the loan-to-value does not apply to Homepath. 

Go to www.homepath.com  to see all current Homepath listings. 

Call Royce for details ~ 850.207.2775.   Post this on your office bulletin board, and mention this loan product to ALL of your clients. 

Thanks.

Kindest regards,

Royce Ingram

Mortgage Specialist

PNC Mortgage, a division of PNC Bank, NA

850.207.2775  cell

866.629.0264  fax

www.pncmortgage.com/royceingram  apply on-line

PNC Financial Services Group

4300 Bayou Blvd. Suite 7

Pensacola, FL 32503