Ross Mortgage Offers Below Market Rates for Eligible Properties with the Ross Community Home Loan
What is the Ross Community Home Loan?
The Ross Community Home Loan is a special mortgage offering designed to make homeownership more accessible. Unlike other programs that impose strict income limits, the Ross Community Home Loan has no income restrictions. It’s available to anyone purchasing or refinancing a home, as long as the property is eligible for the program.
How it Works:
- Below market interest rates are available on homes in qualified communities.
- To find properties in qualified communities, click here.
The Loan Can be used for:
- Purchasing a home: Whether you’re a first-time buyer or a seasoned homeowner, you can purchase a new home using this program.
- Refinancing an existing mortgage: If you already own your home but want to refinance for better terms or lower monthly payments, the Ross Community Home Loan is available for refinances as well.
Why Choose the Ross Community Home Loan?
Here are some of the key benefits of the Ross Community Home Loan:
- No Income Restrictions: You don’t have to worry about income thresholds. As long as the property address is eligible, you can take advantage of this loan, making it an ideal option for a wide range of homeowners and buyers.
- Flexible Loan Terms: Choose from 15, 20, or 30-year loan terms, allowing you to pick the repayment plan that best fits your financial goals. Whether you want to pay off your loan quickly or keep monthly payments low, we offer terms that work for you.
- Competitive Interest Rates: Enjoy competitive rates that make homeownership more affordable. This program is designed to offer better terms than you might find with other loans, reducing your financial burden over time.
- Refinancing Options: Not just for home purchases, this program also allows current homeowners to refinance their existing mortgage on an eligible property. This can help you lower your monthly payment, shorten your loan term, or access better interest rates.
- Property Types Covered: The loan applies to primary residences, including condominiums and 1-4 family properties. Whether you're buying a single-family home or a multi-unit property, the Ross Community Home Loan offers flexibility.
Who Qualifies for the Program?
The Ross Community Home Loan is designed to help a wide range of buyers and homeowners, including:
- First-Time Homebuyers: If you're buying your first home, this program can be a great way to achieve homeownership without the stress of income limits.
- Current Homeowners: Even if you already own a home, you can refinance into this program to take advantage of competitive rates and flexible terms.
- Previous Homeowners: If you’ve owned a home in the past but don’t currently own one, you are eligible for this program, provided you are purchasing a primary residence with an eligible property address.
Why Ross Mortgage?
With over 75 years of experience, Ross Mortgage has been a trusted name in helping people achieve their dream of homeownership. We are committed to providing affordable, flexible loan options tailored to your needs, and the Ross Community Home Loan is just one of the many ways we’re opening doors for more people to own homes. Our knowledgeable team will work closely with you, ensuring that the process is seamless and helping you navigate every step of your mortgage journey.
Start your journey to affordable home ownership and contact us for a list of eligible properties or to find out if your home is eligible!
