New Program for FHA Borrowers to Reduce Mortgage Insurance Premiums

This fall FHA will launch their new HAWK program which will allow both new home buyers and existing borrowers the opportunity to decrease their required monthly Mortgage Insurance Premiums.  The Storck Team has current FHA listings in Aurora, Englewood, and Centennial with many more coming soon around the Denver Metro Area.  Call on The Storck Team today for your FHA home!!

5973 S Ireland Ct

4735 South Bannock St

4735 South Bannock St

Credit Counseling to Lower FHA Borrowers’ Payments

First Time Home Buyer? Use these helpful hints to make your purchase a success!

Aaron Storck and Tatyana Sturm-Storck

Aaron Storck and Tatyana Sturm-Storck

Many first time home buyers are having a heck of a time in this market with inventories low, Aurora and other surrounding Denver areas are very much included in this.  Plus living in today’s recent grad world you most likely have student loan debt, making it hard to save up for your down payment.  It is still cheaper to purchase rather than continue to rent, according to experts by an average of 38%.

Read this article for help in how to get there!

Alternatives to putting 20 percent down on a home

It's a mantra often repeated in the real estate industry: If you want to buy a house, you need a 20 percent down payment. But with the average house in the U.S. costing $311,400 as of December 2013, according to the Census Bureau, all one has to do is the math to get a coronary. Raising a 20 percent down payment isn't an easy thing to do.

Read the full article here.

Does down payment have you down about buying home?  Call the Storck Team!  We can help you go over your every option.

Wells Fargo, city of Denver launch down-payment assistance program

Wells Fargo and city of Denver officials on Wednesday announced a program to provide $4.5 million in down-payment assistance to qualified homebuyers.

The initiative will offer $15,000 down-payment grants for up to 252 homebuying families that earn no more than 120 percent of the Denver-area median income.

Read the full article here!

Here is a great opportunity for down payment assistance.  Call The Storck Team today for more information on how to start the process!

Please Join Tatyana on the Colorado & Co Show Today 10 AM!!!

We are pleased to present the NSF Platinum Program for down payment assistance.  Tatyana Sturm will appear on 9News' Colorado & Co Show at 10 am.  Please tune in to hear about this amazing program!

Up to 5% GRANT for down payment and closing costs now available
The NHF Platinum Program is designed to provide down payment assistance in conjunction with the purchase of a primary residence.  Down payment assistance is provided in the form of a grant of either 3% or 5%.  Check out these details:
Program Funds:
• 3% or 5% grant options available based on first mortgage amount
• Program funds are available on first-come, first-served basis
• No repayment of down payment assistance required

Eligibility Requirements:
• Occupancy: Principal Residence Only
• Credit Score: 640 Minimum
• Debt-To-Income: 45% Maximum
• Income Limits Apply
• Loan Limits Apply

Eligible Area:
• State of Colorado

Household Income Limit:
(Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties)
• $88,205

Mortgage Loan Types:
• FHA, VA, USDA
• No Conventional Loans
• 30 Year Fixed

Loan Limit:
Lesser of:
• $417,000
• Loan Limits Set by FHA, VA, or USDA
 


Tatyana:
Aaron: 720-273-7419
Exit Realty


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