UGA College Students, Why Rent when Mom and Dad can Co-Sign

Why pay rent when you could own a home? As a Georgia resident attending a 2- or 4-year college, you may be eligible to take advantage of all the benefits homeownership provides — including building equity, establishing credit, receiving tax benefits and eliminating stress caused by rent increases and lease terms. At Brayden Capital Home Loans, we have access to a wide array of mortgage programs to help first-time homebuyers achieve homeownwership. These loans offer easier qualifying guidelines, lower down payments and greater flexibility than many conventional programs. They also allow single-family homes to be purchased with the assistance of non-occupant co-borrowers, which means your parents could co-sign for your loan, even if they won’t be living in the home. Highlights • Down payments as low as 3.5% • Seller contributions allowed up to 6% of property sales price • 100% of the down payment may be a gift from a relative • No income limit restrictions • Low monthly mortgage insurance payments • Non-occupant co-borrowers allowed Owning a home might be easier than you think, and if you act before April 30, 2010, you may qualify for up to $8,000 in tax credit. Contact us for more information. BraydenCapital Home Loans Hank Bailey Russ Tanner REALTOR® Mortgage Consultant ASSOCIATE- BROKER Cell: 706.621.1704 Prudential Georgia Realty rtanner@adamslendinggroup.com hankbailey@prudentialgeorgia.com www.RussTannerLoans.com Cell: 706.621.1895 Work: 706.654.2086 This is not a commitment to lend. Rates are subject to change without notice. Credit approval required. Contact your mortgage specialist for rates and details.

UGA College Students, Why Rent when Mom and Dad can Co-Sign

by Hank Bailey on Dec 01, 2009

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UGA College Students, Why Rent when Mom and Dad can Co-Sign — Document Transcript