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First-Time Homebuyer Math: $226,000 Purchase, ~$500 Cash to Close
First-Time Homebuyer Math: $226,000 Purchase, ~$500 Cash to Close Today, I sat down and did the math for a first-time homebuyer. Purchase price: $226,000. Estimated cash to close: $500. Yes—just FIVE HUNDRED DOLLARS. How is that possible? The buyer qualifies for: • 0% down • Up to $15,000 in forgivable assistance toward eligible closing costs and downpayment, but limited to 6% of the purchase price • No monthly PMI The interest rate is 7.375%. That number may sound high at fi
Oct 121 min read


Clear to Close in Just 8 Business Days!
Clear to Close in Just 8 Business Days! 🎉 Clear to Close in Just 8 Business Days! Speed matters in real estate—but speed without execution means very little. This loan reached CTC in only 8 business days including appraisal, thanks to strong teamwork, clear communication, and everyone staying one step ahead throughout the process. Very proud of the GMCC Vera Team and grateful for everyone behind the scenes who made this happen. For our clients and referral partners, our comm
Oct 121 min read
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