Kalamazoo City Centre NCHAMP Mortgage :
A Great Low Interest Rate

Rate

The interest rate is 1.5% below the current conventional conforming interest rate. Conventional conforming rates are for loans with a minimum down payment from the borrower of at least 5%. For example - if the bank's best market rate for a mortgage is 5.25%, then the NCHAMP rate would be 3.75%!

Savings

That 1.5% discount alone could result in a savings of $3,429 annually on a mortgage of $300,000 ($102,870 over 30 years),

or a savings of $1,371 annually on a mortgage of $120,000 ($41,130 over 30 years).

Terms

15 Year and 30 Year terms are available

Maximum Loan-To-Value

Up to 97%

Loan Amount Limits

Up to $417,000 on an owner-occupied unit.

Private Mortgage Insurance

Required on all loans in excess of 80% Loan-to-Value

For More Information

Please contact Kyle Townsend at National City Mortgage if you have any questions or would like more information: by phone at 269.376.9285 or 1.800.669.1504 or by e-mail at kyle.townsend@ncmc.com.