36 beal st

OWNER FINANCING IS AVAILABLE ! This finance program is designed for Buyers with cash income that Banks will not qualify them to purchase a home, must have good credit. Sellers will be willing to finance the home exactly like a Bank without the complicated process of getting a mortgage. Rate as low as 3.5% fixed and amortized for 30 years with 3 to 5 years Balloon payment for the remaining balance. EXAMPLE : 10% DOWN PAYMENT IS REQUIRED AND AVERAGE CLOSING COST IS $10750.002-Example of Monthly Payment : Loan amount to finance by the Seller is $350,000 @ 3.975% for 30 years fixed = $ 1665.91 Principle & Interest , 3 years Balloon payment Balance to refinance $330,666.87 and 5 years Balloon payment to refinance is 316,438.50 Buyers who they make the payment to a Loan Servicing company will handle collecting the monthly mortgage payment plus Taxes and insurance and they will also report to the Credit Bureau.