Superior Rural Housing Presented by: Brian McCarty Senior Loan Officer

Agenda 1 - Overview of Program 2 - Property Qualification 3 - Borrower Qualification 4 - Wrap up & Questions

Program Overview

1 - No Down Payment Required 2 - No Monthly Mortgage Insurance 3 - No Reserve Requirement 4 - No Stated Maximum Loan Amount 5 - Loan Up to 102% of Appraisal

6 – No First Time Buyer Requirement 7 – New and Existing Homes OK 8 – 30 Year Fixed Rate Loan 9 – No Prepayment Penalty 10 – Seller Contributions to 6%

11 – No Limitation on Source of Funds 12 – 100% of Money Can Be Gifted 13 – Loan Amount Can Include Closing Costs 14 – Not FICO Score Driven 15 – FICO > 620 Do Not Need to Explain Derogatory Credit

Property Qualification

Rural Housing

Atlantic County Eligible Areas All of: Borough of Buena Buena Vista Twp. Corbin City Egg Harbor City Egg Harbor Township Estelle Manor Folsom Borough Cont’d

Atlantic County Eligible Areas All of: Galloway Township Hamilton Township Mullica Township Port Republic City Weymouth Township

Borrower Qualification

Income Limits

Rural Housing

Wrap – Up

Questions

Brian McCarty Senior Loan Officer 609-294-4312 Office 609-294-4642 Fax 609-618-9939 Cell [email_address] www.brianmccartysmc.com My Blog

Brian McCarty

Senior Loan Officer

609-294-4312 Office

609-294-4642 Fax

609-618-9939 Cell

[email_address]

www.brianmccartysmc.com

My Blog