Discover an array of exceptional loan programs meticulously designed for first-time homebuyers, each aimed at improving accessibility and affordability. Epic Mortgage distinguishes itself by offering low down payment requirements, favorable interest rates, discounted private mortgage insurance, and potential assistance for both down payments and closing costs. This comprehensive approach empowers individuals embarking on their initial journey towards homeownership.
Setting itself apart from other lenders, Epic Mortgage provides an extensive range of programs, offering borrowers a diverse spectrum of options. From Conventional and Government to Bond categories, these offerings cater to varying credit scores and income situations, ensuring flexibility for prospective homeowners. Each program targets specific segments of the population, with some being ideal for lower credit scores, while others may have income maximum caps.
Based on specific criteria, the cost of the loan can be reduced or covered through various types of down payment assistance programs. Navigating through these options can be overwhelming, but Epic Mortgage simplifies the process by doing the homework for you.
Epic Mortgage's First Time Home Buyer Mortgage Program serves as a guiding light for those aspiring to own a home, offering valuable benefits to streamline and economize the home-buying process. Whether it's Home Ready, Home Possible, First Time Home Buyer, Affordable Advantage, WHEDA, FHA, Down Payment Assistance, Hero's Program, Federal VA, or the Doctors Program, there's a customized solution for every need. Reach out to Mike Stoy, Senior Mortgage Loan Officer, for a complimentary consultation and take the initial step towards realizing your dreams of homeownership.
- Home Ready - 3% Down, discounted PMI
- Home Possible - 3% Down, discounted PMI
- FTHB 3% Down with a 2% rebate, which means 1% Down Affordable Advantage - 3% Down and can go up to 100% CMI
- WHEDA - 3% Down and can tack on a 2nd mortgage to make the down payment zero.
- FHA - 3.5% Down, lower Fico's.
- Down Payment Assistance - to help with down payment and settlement fees
- Hero's Program - Discounted Down Payment and other savings
- Federal VA - Zero down for Veterans
- Doctors Program - Lower down and qualifying advantages especially for doctors in or just out of residency
