Loan Product Highlight!

New Exciting Products, Helping Make Your Home Financing Goals Attainable

 

New Wealth Management Jumbo ARM! Rates as low as 5.875%!

6.521% APR

DHL now has a 5 & 7 year ARM as low as 5.875% interest rate! Rates improve based on assets deposited into a CD.

DHL is the ONLY Lender in North Carolina that can offer this product!

Details:

• Rates improve based on assets deposited into a CD
• Up to 90% LTV
• Credit score as low as 680
• Loan amount $766,550 or above

 

5% Down Multi-Family Homes: 

Exciting news for multifamily home buyers! 5% down payments options are available for 2,3, and 4-unit homes! (USED TO BE 15% for 2 units and 25% down for 3-4 units).

It’s an excellent opportunity if you’ve been thinking about buying multifamily (college housing, investment opportunities, etc.)

Take advantage of this great opportunity!

 

Temporary Rate Buydown: 

Get an Interest Rate Up to 3% Lower At the Start of Your Loan!

With a temporary buydown, you'll be able to have a lower monthly payment to start out with. Use seller-paid 1, 2 or 3 year buydown options to take advantage of a lower rate and gain extra flexibility with a lower monthly payment.

It’s no doubt this is beneficial to the homebuyer, but what are the benefits for the seller?

• No reduction in sales price
• Helps with buyers who are on the fence about rates
• Keeps future comps and home values high for the neighborhood
• Buyers get their dream home now versus waiting for rates to fall

1, 2 and 3-year buydown options

• 3-2-1: The interest rate is 3% lower than the note rate in year one, 2% lower than the note rate in year two, and 1% lower than the note rate in year three.
• 2-1 buydown of 2% in the first year and 1% in the second year. By the third year they are at the full rate.
• 1-0 buydown of 1% in the first year. By the second year they are at the full rate.

NMLS: 184302

Source: https://www.uwm.com/price-a-loan/exclusives/products/temporary-rate-buydowns

 

The information provided is a partial list of program details offered by DHL Mortgage with a brief description of the key elements. For a complete list and specific scenarios of the programs that we offer, please contact us.