Harris HomeBuyer Advantage Loan
from Harris Bank
The Harris HomeBuyer Advantage mortgage requires down payments as low as 3 percent of the purchase price, which can come from a gift or a grant or refinances. No application deposit is required. The mortgage may be applied to a single family or two-unit home, or to a condo or town home. You can choose either a 30-year fixed rate plan or a 5/1, 7/1, or 10/1 adjustable rate mortgage (meaning it starts at a low rate and then adjusts after 5, 7, or 10 years, and then readjusts annually).
Harris HomeBuyer Advantage Loan Reviews
Oct 22, 2008 1:26 pm
Harris homebuying loans are ideal for lower to moderate income households as they offer more buying power to those groups. There are low or no down payments and flexible credit requirements, especially if you have less-than-perfect credit. The application and approval process are quick and easy, as well, and you have a number of terms to choose from.
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