Stop Renting Start Owning in California FHA Loan Examples Tips скачать в хорошем качестве

Stop Renting Start Owning in California FHA Loan Examples Tips

Thinking about buying your next home in California? 🏡 In this video, Joe Frank Cerros, Mortgage Loan Originator with JCRMG Inc., explains how a 30-year fixed-rate FHA loan could help make homeownership possible. We’ll review three real-world FHA examples with different credit scores, interest rates, and estimated monthly payments — so you can see how this program may work for you. Example 1: FICO 580 Purchase Price: $605,000 Approximate Loan Amount: $594,042 Interest Rate: 6.25% APR: 7.405% Upfront MIP (1.75%): $10,216.94 Down Payment: $21,175 Estimated Total Monthly Payment: $4,847.08 (Includes Principal, Interest, Taxes, Insurance & MIP) Example 2: FICO 640 Purchase Price: $605,000 Approximate Loan Amount: $594,042 Interest Rate: 5.50% APR: 6.676% Upfront MIP (1.75%): $10,216.94 Down Payment: $21,175 Estimated Total Monthly Payment: $4,562.37 (Includes Principal, Interest, Taxes, Insurance & MIP) Example 3: FICO 680 Purchase Price: $605,000 Approximate Loan Amount: $594,042 Interest Rate: 5.25% APR: 6.424% Upfront MIP (1.75%): $10,216.94 Down Payment: $21,175 Estimated Total Monthly Payment: $4,469.79 (Includes Principal, Interest, Taxes, Insurance & MIP) 📞 Call Joe Frank Cerros, Mortgage Loan Originator today, toll-free, at 1-888-600-7577 for personalized guidance and to explore your options or go online at   jcrmg.com   These examples are for educational purposes only. Rates, terms, and payments may vary based on your credit profile, loan scenario, and property details. All loans are subject to credit approval and property conditions. 🎥 Watch more educational videos on home purchase, refinancing, and mortgage programs: 🔗    / @jcrmginc   ▶️    • JCRMG INC   ▶️    • Descubre cómo bajar tus pagos mensuales en...   ▶️    • JCMRG INC - Mortgage Loans   #FHALoan #CaliforniaHomebuyers #jcrmg #askjoe #JCRMGInc #joefrankcerros #askjcrmginc Equal Housing Opportunity | Licensed in California JCRMG Inc. | NMLS #2418994 | DRE #02173635 Joe Frank Cerros | NMLS #240041 | DRE #01356767 Full disclosures available at   jcrmg.com   Created with the use of AI software. 🎬 Video Chapters (Timestamps for YouTube) 00:00 – Introduction Thinking about buying your next home in California? Learn how an FHA loan can help make it happen. 00:15 – Example 1: FICO 580 Loan details with 6.25% interest rate and 7.405% APR. See the estimated monthly payment and breakdown. 00:45 – Example 2: FICO 640 How your rate and total payment could change with a higher credit score. 01:10 – Example 3: FICO 680 Lower rate, lower payment — see how improved credit impacts affordability. 01:35 – Important Disclosures Understanding how rates and payments vary by scenario. 01:50 – Call to Action 📞 Call Joe Frank Cerros, Mortgage Loan Originator, today toll-free at 1-888-600-7577 to discuss your home loan options. 02:05 – About JCRMG Inc. Licensed Real Estate Mortgage Broker | Equal Housing Opportunity | NMLS and DRE info. 02:20 – Closing & Resources Visit jcrmg.com for more tools, resources, and educational videos.