Check out it out…
The once inconceivable mortgage rate (not fee) of 1.99% is now being offered by Approved Funding for select products and applicants. Here are some highlights of our 1.99 Approved Mortgage:
- No Broker Fees. We are the Direct Lender on this product.
- No Discount or “Buy Down” Points
- Eligible Loan amount must be less than or equal to $510,400.00
- Fixed Rate Mortgage for 15 Year Term (Low Rate option available for 30yr as well)
- Property must be located in New Jersey (Options available outside of NJ as well)
- Loan to value cannot exceed 75% (ie: minimum of 25% equity in your home)
- Residence must be Owner Occupied (Primary Residence) or Second Home only.
- Minimum Credit score of 750+ required (we must use our tri-merged FICO score)
- Only Purchase mortgages, and No Cash Out Refinances are eligible
- Minimum loan amount of $200,000 required
Offer expires 04/30/2021. To be contacted for eligibility, complete the form below: