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**The above payment is Principal and Interest only. Typically you will also have monthly real estate taxes and homeowners insurance added to your P & I payment. Private Mortgage Insurance (PMI) is also included in this payment unless you make a 20 percent down payment. EXAMPLE: (Based on 150,000 @ 6.5%) 948.10 Principal & Interest 208.00 Property taxes (2500 yr) 100.00 Homeowners Ins. (1200 yr) 62.50 Mortgage Ins. (PMI) * 1318.60 monthly payment *PMI is based on how much your down payment is, your credit score and the loan program you qualify for. |

![]() | How much you qualify for? | |
![]() | What will your monthly payment will be? | |
![]() | How much the down payment and closings costs are? | |
![]() | What are the different types of loans and which one is | |
| best for you? | ||
![]() | What is the interest rate? |

| You Don't Need 20% Down to Buy A Home! There are a variety of lenders who offer low-interest mortgages to qualified buyers that require a down payment as low as 3.5% of the purchase price. Place a home under contract by April 30,2010 and close before July 1st and you could receive up to an $8000 Home Buyer Tax Credit to qualified Buyers! Existing Homeowners that have lived in their home at least 5 consecutive years can receive a $6500 Home Buyer Tax Credit also! There are also down payment and closing cost assistance programs available to many Texans. Contact Sherry or your lender for more information. You could be in your new home soon! |
| (If you have Microsoft Excel you may fill out an application online and submit it immediately for a faster response.) Bank of America Mortgage Loan Star Mortgage |
| Are you a "First Time Home Buyer"? (Meaning you have not owned a home in the last 3 years) Contact Sherry today for more information on loan programs created just for you! Sherry Burnett Direct line (432) 661-7648 |
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| Sherry Burnett 4200 Maple Ave, Odessa Tx 79762 Direct: (432) 661-7648, Office: (432) 272-4951 Fax: (432) 272-4962 Email: sherry@sherryburnettodessa.com |
