Solara Lofts is thrilled to announce that we received official project approval for FHA!

What does this mean to you as a home buyer?

This means you can purchase a home at Solara Lofts with only 3.5% down rather than the conventional minimum of 15%!

Based on a $300,000 purchase price-  That is a down payment of  $10,500 with FHA financing as opposed to conventional financing with a minimum of $45,000 down!

That is a difference of $34,500,which allows many more home buyers the opportunity to purchase a new home at Solara Lofts.

To learn more about FHA, log onto the following link:  http://www.hud.gov/offices/hsg/fhahistory.cfm

Call our sales studio for more details how home ownership just became a reality at our award winning community! 

619 231-2400

Marty Hayek from Countrywide Home Loans gave us some exciting news in an email this morning:

Yesterday, the Federal Reserve announced they were going to extend their practice of purchasing Mortgage Backed Securities (MBS’s for the financial gurus).  

“So what ?  Well… interest rates dropped a full .25% that’s what!”

In addition; Solara Lofts is introducing the Smart Step Buy Down by Countrywide to their featured lofts. This means you can purchase one of our new lofts at an interest rate of 2.5%  for the first year, 3.5% for the second and a below market rate of 4.5% for the next 27 years! 

The best part about the Smart Step is that it allows our preferred lender to qualify you using the start rate of 2.5%, that adds a whole lot of buying power to those of us looking for that little push to get into this outstanding buyers market.   

Don’t miss out on this opportunity to purchase a NEW Home at Solara at Builder’s Best Pricing with unbelievably low interest rates!  Give us a call to get all the details.

Marty Hayek
Countrywide,FSB.
San Diego Builder Division
Martin_Hayek@countrywide.com
martyhayek@vzw.blackberry.net
Cell:760-419-0865
FAX:1-866-380-2879