the
proudly presents...
Legacy
Builder
for first generation home buyers
President, Founder of Vision Mortgage Group
NMLS 843164
"Homeownership is all about helping families build a legacy and wealth, but most people don't have the money for a down payment... With Legacy Builder, we're providing underserved communities with down payment assistance, flexible mortgage terms, and other perks they won't get with conventional loans to make homeownership more attainable than ever before...
The real estate market constantly fluctuates — if you're waiting for home prices or mortgage rates to drop, you may miss your chance to buy your dream house … Thanks to Legacy Builder, you don't have to wait. Despite popular belief, the dream of homeownership isn’t dead, and renting isn’t always more cost-effective than owning a house. We’re here to guide you through the process. It’s time to take control of your future and start building your legacy.”
Source PR News Wire
Mark Charlton
Legacy
Builder
program ins & outs
program ins & outs
DEFINITION
First Generation
[fərst] | [je-nə-ˈrā-SHən]
First-Generation, First-Time Homebuyer Program is designed to assist qualified individuals to become homeowners, whose:
- Immediate family has never owned a home before in their lifetime or in the past three years
- Who has not owned a home of their own in the past three years
This applies to any one listed on the loan; both borrower and co-borrowers must qualify as first generation.
BORROWER ELIGIBILITY
- At least one borrower on the transaction must have a usable credit score as determined by Loan Product Advisor
- All borrowers including parents must be Frist Generation Homebuyers or have not owned a home in the past three years.
ELIGIBLE PROPERTIES
1-2 Unit Property
Planned Unit Development
Condominiums
No Manufactured Homes or Co-Ops
INCOME LIMITS
The total income used to qualify the borrower(s) for the mortgage converted to an annual basis must not exceed 140% of the Area Median Income (AMI) for the location of the mortgaged premises.
Contact us today to see if you meet the requirements of
P, English | 971 803 5421 P, Español | 678 508 2329
E | legacybuilder@visionmtg.com
the
Legacy
Builder
Experience
difference
the
This is not an offer for extension of credit or a commitment to lend. Loans are subject to approval; restrictions and additional requirements may apply. Rates, product terms, and conditions are subject to change without notice. Some products may not be available in all states in which the company holds a license. Panorama Mortgage Group, LLC, is an Equal Housing Opportunity Lender. Panorama Mortgage Group, LLC dba Vision Mortgage Group is located at 6111 S Buffalo Dr, Suite 240, Las Vegas, NV. 89113, Toll Free (844) 466–3669; NMLS# 133739 (www.nmlsconsumeraccess.org). Oregon - Mortgage Servicer License #:133739; Washington - Consumer Loan Company License #:CL-133739. Please see our website at: www.PMGLLC.Com for all other states licensing information.