What loans has Mike Shore provided for his clients lately?

Loan #1

(First Time Homebuyer)

  • FHA, 4.25% interest rate
  • Down Payment was a gift from Idaho Housing Association
  • Borrower’s only had to pay $500 earnest money

Loan #2

(Quick closing!)

  • Conventional, 30 year loan, 3.875%
  • Offer was accepted on 11/16/2015, closed loan on 11/30/2015, 10 business days!

Loan #3

(Creative Financing)

  • In-House loan combo 80% 1st, 10% 2nd, 10% down payment
  • 1st mortgage, 4.25% rate, 5 year ARM
  • 2nd mortgage, 10 year fixed, 6.75%
  • 634 credit score

Loan #4

(Zero cost refinance)

  • New interest rate of 4.25%, old rate was 5.5%
  • No fees!
  • Saved borrower $298/month!

Loan #1

(First Time Homebuyer)

Loan #2

(Quick closing!)

Loan #3

(Creative Financing)

Loan #4

(Zero cost refinance)