PURCHASE NOW

Great Reasons to Buy Now!!                                          

Owner Occupied

• Interest Rates Lowest in 35 years
• Property Values Bottoming Out( A good indicator is the level of Purchase Activity for Bank REOs)
• Special Tax Breaks upto $7500 for purchases before July 1 2009
• Mortgage payments are historically low and will compare favorably with your Current Rent
  
  Second Homes and Investment Properties
• Best time for getting Rental Properties with Break Even cash Flow
  
  More on Bank Owned REOs>>>>>>

Down Payment                                                                  

Owner Occupied

• Minimum 3.5% Down-FHA
• Minimum 5 % Down- Conforming Loans
• FHA Down Payment can come from Gift Funds or Own Funds
• Closings Costs Credits upto 6% allowed

CREDIT

• 580+ FICO s can be approved by Automated Underwriting
• 530+ FICOs by Manual Underwriting
• Collections/Charge Offs/Judgements OK as long as not affecting title
• All Legal Residents OK

Our Featured Loan Program

• 30 Year Fixed FHA Loan
• No Prepay
• Lowest Interest Rates
• Jumbo Conforming Upto  $625000 OK

  More On Loan Programs>>>>                                

We also offer the following FREE services to you

 

 

 

 

 

 

 Todays rates:

Rates updated daily, based on national lender rates, on our web site at

www.shiningstarfunding.com

Rate Alert:
Our system will automatically email you, once your target rate and points is reached. Acts as a nice reminder to you to lock your rates while you shop for a home or wait for your loan to close

PreQualify Now:
We shall be happy to pre qualify, and issue pre qualification letters to help you shop more confidently.