Monday, July 19, 2010
Friday, July 16, 2010
Dunmoor Homes Now Co-ops With Realtors on Lease to Own!!
Dunmoor Homes is now able to co-op with Realtors with Lease to Own clients. This is only availabe for qualified prospects who meet the following guidelines:
- Credit score above 540
- Debt to income ratios meet standard underwriting guidelines
- Minimum downpayment of 3% of the sales price
- Qualify for a loan within 24 months
- Enroll in credit repair
Co-op compensation for Realtors is:
- $500 when client pays first month's rent and moves in
- Balance of 3% co-op if closed within 12 months
- Balance of 2% co-op if closed from 13 to 24 months
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