Medici Development Blog
There is so much that goes into building a new home and creating your new lifestyle, from developing the land, selecting your design and finishes, ordering the materials, managing the construction and financing your new home, plus too many items to list. Medici’s Blog allows it to share it’s wealth of knowledge regarding the many facets of home construction, the real estate industry and living in general.
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River’s Edge receives VA & FHA Approval!
Posted on July 2nd, 2009
We are pleased to announce River’s Edge has just received approval for it’s future homeowners to receive VA and FHA loans when financing their home. What does this mean to you? Some of the benefits include:
1. Buyer’s at River’s Edge can finance a home with low down payment of as little as 3.5% of the purchase price.
2. Allows for seller’s assistance with closing costs.
3. Mortgage Insurance Premiums are much less than with conventional loans saving you money.
4. Lower income requirements for the borrower.
5. Can purchase a home through a Reverse Mortgage.
6. Many more benefits…
More information will be posted on our website in the near future, please keep an eye out for it. Also, if you have further questions regarding these programs, make sure to call your representative at River’s Edge at 763-493-8955.
Have a happy 4th of July.