$100 Down Program

PHONEOPS $100 DOWN PROGRAM

ATTENTION POTENTIONAL HOMEOWNERS!

You were invited to our website to get approved for our $100 Down Program. PhoneOps $100 Down Program is designed for people that is/are:

Any Income Tax Bracket

Single, Married or Widowed

Tired of Renting

 

If you fall into one of the above, then our program is great for you. PhoneOps $100 Down Program is only available for selected properties and they are going like Hot Cakes so your dream home may not be available for long!!!

 

PHONEOPS $100 DOWN PROGRAM IS ONLY AVAILABLE IN

 THE STATE OF FLORIDA AT THIS TIME!

 

DOWN PAYMENT:

With this program, your down payment amount is only $100. This down payment doesn’t include your Earnest Money Deposit nor your closing cost. Compare it to Renting: Your 1st month rent would be your down payment, your Security Deposit would be your Earnest Money deposit and your Last Month’s rent along with a 2nd and possibly 3rd Security Deposit would be your Closing Cost so owning a home is as easier as you think with this program.

EARNEST MONEY DEPOSIT: (EMD)

Using the example above, when you pay a Security Deposit on a rental, the Landlord takes the unit off the market for you as you are showing that you are serious. In this same example, when you get approved for PhoneOps $100 Down Program, you will view the property with your assigned Realtor or Realtor Assistant.

 

If you want the property, you will sign the Agreement of Sale (AOS) and the Realtor would submit to the Listing Agent. Once your AOS is accepted, you’ll then pay an Earnest Money Deposit in order for the Listing Agent to take the property off the market.

 

The Earnest Money Deposit amount is $500 for properties under $50,000 and $1,000 for properties over $50,000 and this is paid to either the Title Company or the Listing Agent. PhoneOps does not collect these funds from you. Your Earnest Money Deposit will go towards your closing cost at settlement.

SELLER CONCESSIONS:

You may also get up to 3% of the Sale’s price to go towards your closing cost. Example: If the sale’s price is $250,000, times it by 3% ($250k X 3% = $7,500) and this amount plus your EMD will go towards your Closing Cost. 

GUIDELINES:

This program has standard guidelines and here’s just a few:

Loan Amounts:

$50k to $500k

Term:

30yr Fixed

Minimum FICO:

580+

Down Payment:

$100

EMD:

Required

Funds for Closing Cost:

Required

MINIMUM REQUIREMENTS:

* Must be able to show proof of income

* A Tri-Merge Credit Report fee of $57

* A valid Driver’s License or State ID

* Must have a Checking Account

* Application Fee $295 WAIVED

* A Social Security number

$100 Down Program – Online Application