One of the biggest obstacles to home ownership is saving enough for the down payment. Buyers may have the income to qualify for a loan but are struggling to save enough for a down payment for an FHA loan or a conventional loan. FHA loans have required a 3.5 % down payment and conventional loans required 10% or more down payment. And both these programs require a monthly payment for mortgage insurance, too.
It looks like a change may be coming from Compass Bank, which has committed 11 BILLION dollars to their Home Ownership Made Easy program. This program provides 100% financing ( with no mortgage insurance requirement) in certain designated areas of Temple. This means that they will be making loans that do not require ANY downpayment from the buyer. All the buyer contributes is $500. The bank and the seller pay ALL your closing costs!
The Meadows at Creekside is located in an area that qualifies for this 100% financing loan. Interest rates are very reasonable, and it will be a 30 year fixed rate loan.. no funny business or strange terms to worry about.
Call us today if you have been thinking of buying a new home but just couldn't come up with a down payment. Jerry Wright Homes will help you get in touch with the lender so you can start your loan application.
The Meadows at Creekside is located off Case Road, near SW H.K. Dodgen Loop.
The Meadows at Creekside
The Meadows at Creekside is a new subdivision of new construction homes for sale in Temple Texas.
This area is very close to shopping, entertainment, dining, hospitals and Temple College.
A very striking Retreat Plan is now under contract, but we have three more homes that are almost completed on Nolan Creek Street. Check out our featured listings to see more about these homes. They are all nicely upgraded and we are including the full yard grass sod, sprinkler system, refrigerator, 2 inch wood look binds and the garage door opener.
Jerry Wright Homes in The Meadows at Creekside also have a one year builder warranty, a two year warranty on systems, and a ten year warranty on the structural elements of the home.
We are also paying closing costs!!
Directions to The Meadows at Creekside
The Meadows at Creekside is just off Case Street in Temple, Texas. Since this is a new area, it may not show up on your GPS but enter "Case Street". It should direct you right to our location.
Buying a home is so exciting and so STRESSUL sometimes! So, as of today and running through the end of April, Jerry Wright Homes is offering a refrigerator, 2" wood style blinds and a garage door opener on each home currently under construction and not yet sold! That's three things you DON'T have to worry about! The refrigerator is a side by side model, but if you would like a french door style, just tell us and we will order it. Your additional cost is just $650!
Jerry Wright Homes has new homes for sale right now in Heartwood Park in Copperas Cove, Skyline Flats in Copperas Cove, Carriage House Trails in Temple and The Meadows at Creekside in Temple.