First National's New 100% Mortgage
First National has announced a new 100% mortgage geared to good credit customers with no money for a down payment. Here's the details:
- Amortization: Up to 35 years (40 years as of Dec. 15, 2006)
- Rate Guarantee: 120 days
- Mortgage Insurance Surcharge: 3.1 to 4.1% depending on insurer and amortization
- Minimum Credit Score: 680 to 710 depending on insurer
Keep in mind, you still need to come up with about 1.5% in closing costs. Call Melanie McLister at MyVirtualMortgageAgent for rates or more details: (800) 280-2460



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