Foreign National Program without:
Residency, Social Security or Income in the US
All Government Programs
First-Time Buyer, Rural and Veterans Programs
Ask us about our program
To improve your credit scores...
Starting with only...
580 Credit Scores!!!
Don't worry and submit your information
We will help you.
Contact us to analyze your options.
Don't worry and submit your information
We will help you.
Upto 90% financing for
Purchases of up to $830,000.
USDA Loans for moderate income Families
0% down payment - 100% financing
| SALES PRICE: | $380,000 |
| LOAN TERM: | 30 years |
| PRODUCT: | Fixed Rate |
Loan Terms |
Can this amount increase after closing? |
|
Loan Amount |
$322,000 |
NO |
Interest Rate |
6.990% |
NO |
Monthly Principal & Interest |
$2,146.76 |
NO |
Does the loan have these features? |
||
Prepayment Penalty |
NO
|
|
Balloon Payment |
NO |
Projected Payments |
|||||||||||||
Payment Calculation |
Years 1 - 30 |
Years - |
|||||||||||
Payment Calculation |
$2,146.76 |
$ |
|||||||||||
Mortgage Insurance |
+ __ |
+ __ |
|||||||||||
Estimate Escrow |
+ $656.00 |
+ |
|||||||||||
Estimated Total |
$2,802.72 |
$ |
|||||||||||
Estimated Taxes, Insurance |
|
||||||||||||
Costs at Closing |
||
Estimated Closing Costs |
$21,461 |
Includes $16,505 in Loan Costs + $4,956 in Other Costs – $0 in Lender Credits. See page 2 for details. |
Estimated Cash to Close |
$63,261 |
Includes Closing Costs. See Calculating Cash to Close on page 2 for details. |
Projected Payments |
||
A. Origination Charges |
$11,285 |
|
2 % of Loan Amount (Points) |
$6,460 |
|
Document Review Fee |
$100 |
|
Loan Origination Fee |
$3,230 |
|
Underwriting Fee |
$1,495 |
|
Other Costs |
||
E. Taxes and Other Government Fees |
$175 |
|
Recording Fees and Other Taxes |
$175 |
|
Transfer Taxes |
||
F. Prepaids |
$2,463 |
|
Homeowner’s Insurance Premium ( 12 months) |
$2,400 |
|
Mortgage Insurance Premium ( months) |
||
Prepaid Interest ($62.72 / day for 1 days @ 6.990%) |
$62.72 |
|
PropertyTaxes ( months) |
||
B. Services You Cannot Shop For |
$1,335 |
|
Appraisal Fee |
$650 |
|
Contract Processing Fee |
$500 |
|
Credit Report |
$95 |
|
Flood Certification |
$15 |
|
|
Tax Service Fee |
$75 |
|
G. Initial Escrow Payment at Closing |
$1,968 |
|
Homeowner’s Insurance $85 per month for 3 mo. |
$600 |
|
Mortgage Insurance per month for 0 mo. |
||
Property Taxes $456 per month for 3 mo. |
$1,368 |
|
H. Other |
$350 |
|
HOA Transfer Fees |
$350 |
|
I. TOTAL OTHER COSTS(E+F+G+H) |
$4,956 |
|
C. Services You Can Shop For |
$3,885 |
|
Survey Fee |
$575 |
|
|
Title - Lender's Title Insurance |
$2,685 |
|
Title - Settlement/Escrow Fee |
$550 |
|
Title - Tax Certificate Fee |
$75 |
|
J. TOTAL CLOSING COSTS |
$21,461 |
|
D + I |
$21,461 |
|
Lender Credits |
||
Calculating Cash to Close |
||
Total Closing Costs (J) |
$21,461 |
|
Closing Costs Financed (Paid from your Loan Amount) |
$0.00 |
|
Down Payment/Funds from Borrower |
$57,000 |
|
Deposit |
-$3,800 |
|
Funds for Borrower |
$0 |
|
Seller Credits |
-$11,400 |
|
Adjustments and Other Credits |
$0.00 |
|
Estimated Cash to Close |
$63,261 |
|
D. TOTAL LOAN COSTS (A + B + C) |
$16,505 |
|
I would like to thank Joan for everything he did for us. He is the best in the business and is very knowledgeable. He made the home buying process very enjoyable and he was available at any time to answer any questions we had. He was easy to contact and easy to talk to. I will be referring everyone I know to Joan. Thank you.
Hola a todas aquella personas que siguen de cerca Clear lending houston tx. Primeramente decirles que no sientan miedo de tomar una decisión y acercarse para buscar información. Se que para muchos piensan que la compra de casa es un gran problema o un proceso tedioso, Yo también pensé lo mismo pero nada les puedo decir que desde que llegue a la oficina de clear lending donde fui bien recibido ya sabia que formaba parte de la gran familia que es clear lending por la buena atención el ambiente positivo y donde se respiraba aires de logro. Tambien les puedo decir que la profesionalidad y el conocimientos de estas personas hacen que este largo proceso sea menos pesado y mas agradable. Cuando existen personas que conocen lo que estan haciendo hacen los procesos mas faciles, les digo asi porque no solo es yo quiero tal casa o otra. Les digo que no, a lo largo de este proceso es donde comienzas a encontrar lo que quieres aprendes de varios tips que son proporcionados por un gran agente que es Joan gracias a su conocimiento y sus consejos logre obtener la casa que no pensé tener. Independientemente de pensar en mi presupuesto y mis posibilidades la ayuda suya fue muy importante para mi decisión final logrando cumplir este gran sueño.
Clear Lending went above and beyond to explain the process from application to closing and see us through to the end. These people are really committed. Even coming in on a day off. Joan was amazing and cant thank him enough. Thanks for making my dream come true.
