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103% purchase

103% financing options - MoneyPros now offers the latest loan program on the market . . . the 103% purchase!! With your good credit, you can obtain 100% financing with a single loan, and MoneyPros makes it even better by increasing the loan to 103% so that you can finance your closing costs without having to increase or alter the purchase price as you might have to normally. It had to come from MoneyPros, were you always get All The Service, All The Options, All The Time.

Showing you the way home - Never before has it been so easy for first time homebuyers and seasoned homebuyers alike to purchase their own piece of the American Dream . . .without having to spend one penny in down payment and hardly any money toward closing costs! With the new 103% purchase from MoneyPros, your dreams of home ownership can now be a reality!!

Finance your closing costs - With the 103% purchase, you can now actually finance your closing fees into your loan, without having to deplete your loan amount or suffer the consequences of government financing by paying additional funding charges. The amount financed is all closing costs, no "special fees" or "funding charges" . . .finally a loan that makes good sense.

No mortgage insurance required - One of the unique qualities of MoneyPros' 100% financing options is that for all credit grades, there is typically no Mortgage Insurance required. This proves a great asset as it reduces your payment and increases your annual tax deduction for your home.

Purchase or refinance - The 100% options available at MoneyPros are widely provided for both Purchase and Refinance transactions. Each has it's own special purpose. While the purchase loan allows for an absence of down payment, the refinance option grants the borrower access to any available equity in the property. In most cases, even for a refinance, both loans are with the same investor and closed simultaneously.