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Prepared By: C Wayne Baker
Mortgage Loan Officer
Office: 859/523-0559
Fax: 1-888-495-8302
http://thehomemortgagestore.com
[email protected] or [email protected]
NMLS# 54729 KY MC # 80453
Featured Home
Realtor
Listing Price
Anna Lowery
$79,900
Phone
Property Address
859/608-0700
Paste Prop Pic Here
2012 Parallel Rd
Lexington, KY 40511
Financing Scenarios (Other Conventional, FHA & VA Programs & Options Available)
3.5% Down - FHA 30 Yr Fixed
5% Down - Conventional 30 Yr Fixed
Loan Amount
Interest Rate
APR
Down Payment
Closing Costs
Prepaid Expenses / Escrow Setup
Lender Fees or Lender Credit
Seller Concessions
$78,453
3.750%
5.150%
$2,797
$1,256
$1,449
$495
$0
Loan Amount
Interest Rate
APR
Down Payment
Closing Costs
Prepaid Expenses / Escrow Setup
Lender Fees or Lender Credit
Seller Concessions
$75,905
4.250%
4.650%
$3,995
$1,189
$1,453
$495
$0
Total Cash Needed to Close ***
$5,996
Total Cash Needed to Close ***
$7,132
Min Monthly Gross Income Needed **
$1,876
Min Monthly Gross Income Needed **
$1,878
Total Monthly Payment (PITI) *
$544
Total Monthly Payment (PITI) *
$545
0% Down - VA 30 Yr Fixed
20% Down - Conventional 30 Yr Fixed
Loan Amount
Interest Rate
APR
Down Payment
Closing Costs
Prepaid Expenses / Escrow Setup
Lender Fees or Lender Credit
Seller Concessions
$81,618
3.750%
5.000%
$0
$1,144
$1,451
$495
$0
Loan Amount
Interest Rate
APR
Down Payment
Closing Costs
Prepaid Expenses / Escrow Setup
Lender Fees or Lender Credit
Seller Concessions
$63,920
4.250%
4.375%
$15,980
$1,156
$1,446
$495
$0
Total Cash Needed to Close ***
$3,090
Total Cash Needed to Close ***
$19,077
Min Monthly Gross Income Needed **
$1,739
Min Monthly Gross Income Needed **
$1,520
Total Monthly Payment (PITI) *
$504
Total Monthly Payment (PITI) *
$441
Ask How We Can Reduce Your Cash Needed to Close & Interest Rate
Annual Property Tax Est.
$930
Annual Homeowners Insurance Est.
$585
Annual HOA Fee Est.
$0
The mortgage professionals at Cross Country Mortgage, Inc. are ready to guide you through the entire home loan process from the mortgage application through loan closing. We
strive to provide you the best possible mortgage loan program, interest rate, payment terms and closing costs to fit your individual needs. Interest rates vary based upon borrowers
credit score and other program qualifying criteria. Contact your Loan Officer for details on what items are included in closing costs and prepaids. The Realtor or listing agent and their
associated company are not affiliated with Cross Country Mortgage, Inc.. This does not constitute a commitment to lend and information contained is subject to change without
notice.
Pre-approvals in 24 hours. Contact your Mortgage Loan Officer for a detailed loan estimate or other financing options.
Applications may be taken in the office, over the phone, website application, by fax or email.
Interest Rates listed subject to change daily. Quoted rates are based upon a 720+ middle credit score. "APR" is annual percentage rate. * PITI Includes PMI (private mortgage
insurance) or MIP if applicable. ** Minimum Monthly Gross Income Needed = Documentable monthly income needed for a 29% housing debt ratio. ***Total Cash required to Close
includes down payment, lender fees, closing costs and prepaid expenses/escrow setup minus seller concessions.
Cross Country Mortgage, Inc * 841 Corporate Drive, Suite 202 * Lexington, KY 40503 * NMLS # 845283 KY MC # 80321
04/15/15