FINANCING INCENTIVES

Call to find out what your net after tax monthly payment would be.

• FHA/VA Approved!        

• 0% - 3.5% LOW Down Payment (Down Payment Assistance is also available)**

• 640 FICO score minimum**

• Up to 55 percent debt-to-income ratio**

• Your loan is assumable by the next buyer when you resell** (right now it's about 5.5% fixed for 30 years, so this could be a great asset if interest rates really go up in the future)

• Work history flexibility**

• First Time Homebuyer loans**

• Seller to pay non-financeable closing costs***

• MCC tax credits through the City of Los Angeles***

SAWTELLE LIVING

1 FHA/VA APPROVED condominium remaining within a 38-unit modern zen retro style complex. The existing building offers many comforts and details to which have been added through contemporary designs and cutting edge styles. For those seeking the lifestyle of metropolitan living, these low-rise units offer many amenities both in their construction and in the close proximity of the urban village surrounding them.

LEASE TO OWN A 2 BEDROOM / 2 BATHROOM CONDOMINIUM

Make the dream of homeownership a reality. If the cost-of-living is preventing you from saving up the money for the large lump sum of a down payment then allow us to turn some of that cost into the down payment you need. You could be living in a spacious condo with custom made kitchen cabinets, stainless steel appliances, travertine countertops, bamboo wood & carpet flooring, a private balcony, modern wiring for cable TV service, inside of a controlled access building with gated parking located on the property.

LET US SHOW YOU HOW!

The breakdown above of owning a 2bed / 2bath condominium with a $399,000 purchase price and a down payment of $14,000 works like this. We start you with a $3000/monthly lease with an option to close sometime within 10 months. $1,500 of each of your monthly payments is credited towards the down payment at closing for a total of $15,000. We will pay up to 1% of the condo’s value in non-recurring closing costs, which could be as much as $4,000. The total of credits provided to you by the seller towards your home ownership is $19,000.

On a $399,000 purchase, closing costs & mortgage insurance costs can run a homebuyer as much as $6,000. If you add that to the down payment of $14,000, the typical homebuyer will be looking at trying to save $20,000. While saving up this money, buyers are typically continuing to additionally pay lease/rent rates for the place he or she is currently staying in. We can get you in your home NOW without the frustrating waste of time and money of paying for a place in which you no longer want to live.