Tuesday, February 5, 2008

New Golden Opportunity Mortgage Program

A new mortgage loan is being offered by Cappelli Sales & Marketing named "Golden Opportunity Mortgage Program (GOMP)".

Under this program new home buyers at 3 Cappelli developments in Westchester County are offered low rates of 4.875%. This low rate is for first 3 years & is followed by a 5.875% rate for the next 2 years.

The 5 year mortgage will be based on thirty year amortization schedule with loan for up to 80% ltv & will not have any origination fees, points or prepayment penalties. To qualify for the low interest rates, borrowers will have to commit in writing & lock-in rate in forty eight hours of date of contract's rescission.