TEACHERS

WE BELIEVE THAT TEACHERS

SHOULD HAVE AN ADVANTAGE

WHEN PURCHASING A HOME

 

"That's why we are proud to bring all California Public School District Employees a very compelling home loan solution."

 

LOAN HIGHLIGHTS:

 

DOWN PAYMENT 3% (1% must be buyer's funds, 2% can be a gift)

 FIRST 6.625% 80% 30-YEAR FULLY AMORTIZED

SECOND – DEFERRED 17% NO PAYMENTS FOR 5 YEARS

 

 

EXAMPLES: 

 

SALES PRICE  $300,000  $400,000 
FIRST MORTGAGE (2nd deferred payment for 5 years)  $1,536.75  $2,049.00
TAXES – EST 1.25%  $312.50  $416.67
INSURANCE  $90.00  $90.00
TOTAL HOUSING EXPENSE:  $1,939.25  $2,555.67

 

ELIGIBLE EMPLOYEES:

Employees of a California public school district or Community College.

 

Members of the California State Teachers' Retirement System.

TEACHERS CONTACT US TODAY!