City of Pensacola Florida

East Hill’s finest example of a much sought after Brick Bungalow Craftsman Cottage.  This home is such an exceptional example of superior craftsmanship that it even says it on the tax appraiser’s records – above the average!  Be sure to note the meticulous brick workmanship. In keeping with the vintage style of the home, any updating and remodeling was done to keep any beautiful built-ins and add to the beauty with enhanced modernizations. This home has the welcoming front porches which  are sought after among old-house lovers looking for places brimming with character.   Upon entering this 1920s bungalows that is packed inside with architectural details, such as built-ins, moldings, wainscoting, and window seats. This home  offers shady back yard with a white picket fence and detached garage in keeping with the vintage feel of East Hill. You can walk to many places: Madison Diner, City Grocery, Drug Shop, Pastries, Parks and more! Pensacola East Hill offers electic intown living that is convenient to everything with its city location minutes from downtown Pensacola, less then 10 miles from Pensacola Beaches, and just a short drive to the mall, as well as, the airport. The area features small parks, the largest of which is Bayview overlooking Bayou Texar.  The East Hill Park is called BayView.  It is the location for the annual National Wakeboard Championship. This 20 acre community park is located on Bayou Texar in Pensacola.  There are eight tennis courts, an outside arena, picnic and children's play areas.

Great Program with today's challenges

Here are your benefits of our Homepath loan:    (Call Royce Ingram, Mortgage Specialist, for details ~ 850.207.2775)

Ø No appraisal needed – AVOID 3^rd party appraisal vendors, appraisers, & underwriters that are notorious for not meeting YOUR closing dates. Get your clients moved in early or on time, and get your commission on time!

Ø 3% down payment option for owner occupants

Ø 10% down payment option for 2^nd home and investment properties ~ WOW!  the average down payment is currently 20% or more for non-Homepath loans.

Ø Credit score of 660 required for LTV’s over 80%

Ø Condo’s do not require an appraisal, & are already approved!

Ø Up to 6% seller contributions for closing costs for primary & 2^nd home purchases

Ø Private Mortgage Insurance (PMI) not required --  call Royce for details ~ 850.207.2775

Ø No limit on the number of financed properties if purchasing primary residence

Ø If the logo next to the listing on the Homepath website says “Renovation mortgage” – your owner-occupant buyer has the option to finance up to $31,500 in repairs.

Ø Declining market reduction in the loan-to-value does not apply to Homepath. 

Go to www.homepath.com  to see all current Homepath listings. 

Call Royce for details ~ 850.207.2775.   Post this on your office bulletin board, and mention this loan product to ALL of your clients. 

Thanks.

Kindest regards,

Royce Ingram

Mortgage Specialist

PNC Mortgage, a division of PNC Bank, NA

850.207.2775  cell

866.629.0264  fax

www.pncmortgage.com/royceingram  apply on-line

PNC Financial Services Group

4300 Bayou Blvd. Suite 7

Pensacola, FL 32503