Thursday, August 8, 2013
Great Option for Islanders!
Cape Cod Five Cents Municipal Mortgage Program:
-100% financing available to Municipal Employees of Barnstable, Dukes, Nantucket and Plymouth Counties
-Low 30 year fixed portfolio loan at 4.375% 0 points APR 4.294 (as of 7/31/13)
-Purchase of a primary residence -No first time home buyer requirement
-Income caps of $106,000 for Barnstable County and $119,000 for Dukes County
-Eligible borrowers- Police, Firefighter, School Teachers, employees of municipalities, counties, state and federal government, employed in areas of public safety, law enforcement education, healthcare and social services.