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 Gift of Equity, Buying a Home from a Family Member

  

 

Are you Buying a Home from a Family Member ?

Perhaps your parents wish to sell you their home or a brother or sister have a home

you wish to purchase.  We have a Gift of Equity Purchase program that makes the process easy.  Through our loan approval process we'll get you a Gift of Equity Letter and loan approval that meets your financial needs.  Even if you have No Down Payment.

 

Our 'Buying a Home from a Family Member' program allows you to purchase a home from a family member without any down payment.  A Gift of Equity Home Loan allows you to use the difference between the market value (sales price) and the amount you are actually paying for the property as the down payment.  This is called a Gift of Equity Mortgage. After processing your application we issue a Gift of Equity Letter and this letter essentially allows you to obtain the Gift of Equity Mortgage. 

 

Our experienced loan specialists will then process your loan and have you in your new home within a 2 to 3 weeks.  It's that easy!   We consider all credit profiles from A plus credit to poor credit.  We have a program for just about everyone.   

 

Call today for your Gift of Equity mortgage solution!  The approval is free with no obligation.  You can apply online or call our 24 hour loan center at 800-331-4715. 

Our Gift of Equity loan specialists are waiting to assist you.

 

                 Apply Now for a Free 24 Hour Gift of Equity Loan Approval        

                                       

                                    Gift of Equity, Buying a Home from a Family Member

                                                 

 

Gift of Equity, Buying a Home from a Family Member

 
 

Action Mortgage Corp. has Gift Of Equity programs that allow you to purchase a home from a family member available online or you can call our 24 hour loan center at toll free 1-800-331-4715 for advice and information on Buying From A Family Member  and you can use the Calculator Mortgage Purchase to determine your monthly payment on your prospective purchase.  Our Gift Of Equity programs to purchase a home are available for borrowers to purchase a one thru four family home or condominium and you should avail yourself of our free Calculator Mortgage Purchase to determine what you new monthly payment will be as compared to what you are now paying for rent.  Our loan specialists are available to show you the benefits of Buying From a Family Member and you can get the help you need for your home loan online or by phone.  Upon receipt of your mortgage application and information we will send you a pre-approval letter, free of charge, detailing the specifics of your mortgage loan.  These loans are great because they allow you to purchase the home with essentially no money out of your pocket.  The closing costs are built into the loan so there is very little outlay on you part.  These programs have low rates and flexible terms, (your actual rate depends largely on your credit score) and the programs are available for both the self-employed and wage earner borrowers.  You can use the Calculator Mortgage Purchase and the gift of equity home purchase calculators to get an estimate as to the amount you can spend on based on your income and other expenses.  These mortgage programs also apply to first homebuyers and, 1st time homebuyers.  Our loan programs address all credit profiles, including those borrowers that have been recently discharged from bankruptcy and we have access to many Gift Of Equity lenders that specialize in  these programs for Buying From A Family Member.