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New offers for Canadian home purchasersPosted by John Sloan (Palm Springs Realtor) on Friday, June 29th, 2012 at 5:33pm.
Franklin Loan has teamed up with El Paseo Bank to offer new loans to Canadian home purchasers in the Coachella Valley. These new loans are for a minimum of $175,000 at a 70% loan to value, which means a sale price or appraised value of $250,000. These are available only to properties in the Coachella Valley and must be single family homes or condominiums. This applies to primary and secondary homes. The loan is a fixed rate for 5 years at 4.50% amortized over 30 years to an adjustable rate in the 6th year. This is for purchase or rate and term refinance only, not for cash out refinances. Allow 45 days for processing.
Now is the perfect opportunity to buy a home! Prices are low and financing is available. In a world where the banks seem to always be saying no, Franklin Loan Center and El Paseo Bank are saying YES!
Contact John today to get a look at your future home away from home! 760-898-1724
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