sravani2304
Joined: 03 Feb 2010
Posts: 1
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| Posted: Wed Feb 03, 2010 1:22 am Post subject: ADVANTAGES of AB HOME LOAN |
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* No down payment is required on loans up to a maximum limit of $417,000.
* The guaranteed amount can be as much as $625,500 in high cost areas such as Alaska, Guam, Hawaii and the US Virgin Islands.
* Costs up to 6% of your closing expenses could be paid by the seller.
* You can choose from two options of interest rates on mortgages - an adjustable rate or a fixed rate over the entire life of the loan.
* AB loans carry no penalties on prepayments.
* Qualifying for AB loans is far easier than for conventional loans.
* If you ever want to sell your home, AB loans can be given for assumption.
* AB loans do not require Private Mortgage Insurance (PMI).
* AB interest rates are highly competitive and well comparable to interest rates offered on conventional loans.
Do you have anything to add-on?ADVANTAGES of AB HOME LOAN |
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