Disclaimer
Loans will be made or arranged pursuant to Mortgage America’s Lenders License. This communication does not constitute a commitment to lend. All loan programs and availability of cash proceeds are subject to underwriting approval. Interest rates are guaranteed only after a borrower and Lender execute a “Mortgage America Rate Lock Agreement” (“Agreement”) specifying the interest rate and other terms of the Loan. Any discussion of interest rate in advance of an executed Agreement should be considered for discussion purposes only. The Lender undertakes no responsibility to advise Borrowers of trends in interest rates or other market factors.
This offer is made by Mortgage America who is not an agency of the federal government, nor affiliated with your current lender. The zero closing cost option and program will increase the monthly payments slightly. Please ask the licensed loan officer for exact details. Rate & terms are subject to change based on market conditions and borrower’s eligibility. Our fees are $894 plus additional third party fees. All approvals are subject to underwriting guidelines. Underwriting guidelines include but are not limited to: acceptable credit and income history, current homeowners insurance, etc.. and does not include escrows. Up Front MIP and Monthly MIP charge to be calculated on a case by case basis. Minimum and maximum loan amounts apply to FHA Guidelines.No bankruptcy in the last 3 years.
NMLS# 128501 & Branch #868359
