Business
Welcome to this episode of Keeping it Real (in Real Estate) with Kathy Blakey as your host. In this episode we learn about the Community Reinvestment Act (CRA) and how financial institutions have grants available to make homes affordable to low and moderate income buyers. Many hardworking people are earning just enough income to pay their monthly rental payments and support themselves and family. With a steady job and responsible credit history, you may qualify to purchase a home without having the typical down payment savings. Grants and loans are available for down payment and closing costs.If you or someone you know would like to become a homeowner, stay tuned to learn about programs to assist with down payment and closing costs. In most cases, to qualify, there will be a maximum household income and a minimum credit score (see Episode 2 to learn about credit scores).What is the Community Reinvestment Act?What other programs are available?Do I have to be a first time buyer?How do I get started?What questions should I ask my lender?These questions answered and more!*****************************************************************************About our guest:Mary Ann has over 30 years' experience in the mortgage industry. She joined Fulton Mortgage Company, A Division of Fulton Bank, N.A. in 2018 as a CRA Mortgage Loan Officer. Mary Ann has the knowledge and dedication required to provide the ideal financing options to her clients.Fulton Mortgage Company's competitive Community Reinvestment Act (CRA) programs and their dedicated support staff help enable Mary Ann to provide borrowers with one or more customized loan options while minimizing any stress they may feel during the mortgage process. In addition, since Fulton Mortgage Company is a dedicated mortgage lender, their team can offer clients a wider selection of loan products that include VA, FHA, Conventional, USDA, and Jumbo loans.Contact Information for Mary Ann Mary Ann Cronin (NMLS# 497120)Email mcronin@fultonmortgagecompany.com Phone (302) 633-7850Mobile (302) 530-1295Address 1013 Centre Road, Suite 104 Wilmington DE 19805 *****************************************************************************About Host Kathy Blakey:I am licensed in Delaware, Maryland and Pennsylvania. As a CENTURY 21 Real Estate professional, I have local expertise and global connections. Contact Me For Buying or Selling ANYWHERE! Visit www.Relocate-Delaware.com for more information.Email: KathyBlakey@c21gk.comMobile: (302) 383-5424See Podcast Information about buying, selling and green living:Visit www.KeepingitrealINFO.com