Why rent?

by | Aug 29, 2014 | Ask CMS Homes | 0 comments

Why rent your home?

Payment on this new home in Hidden Valley is $607.52*

If you are paying more than $600 per month in rent you are THROWING money away!

USDA LOAN

All our homes  and communities qualify for USDA loan.

• No down payment.
• No monthly mortgage insurance payment.
• No cash reserves required.
• No minimum credit score.
• No maximum loan amount or purchase price limits. Loan amounts are limited only by the applicant’s repayment ability and the property’s appraised value.
• No limitation on source of closing costs. 100% gifted closing costs or down payment assistance are permitted.
• Seller concessions are allowed to pay loan closing costs and repairs.
• Affordable fixed interest rate with 30-year term.
*Assumes 4.5% 30 year fixed rate loan. Taxes and insurance approximately $200 per month.

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