Special Mortgage Financing, Income Based Financing, BEST Mortgage, BEST Mortgage Loans from FirstMerit Bank - Serving Akron, Cleveland, Ashtabula, Canton, Columbus, Elyria, Medina, Toledo, Columbus, Ohio and New Castle, PA

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BEST Mortgage Loan

How it works The BEST Loan is designed for customers looking to purchase a home in a low or moderate income area, this program can benefit borrowers with unique credit or income circumstances.

A BEST Mortgage Loan might be right for you if: You are looking to purchase or refinance a home in a low or moderate income area You have limited funds available for a down payment, but have consistent monthly income

Features & Benefits No income limits Down payment can come form gift or grant (borrower's own funds are required for 1% of loan amount; minimum of $500)* No monthly private mortgage insurance (PMI) required Flexible credit guidelines Borrow up to 95% of purchase price* No origination fees Available in fixed rate and adjustable rate options Credit counseling may be required in some circumstances

Mortgage Calculators How much house can you afford? Calculate your monthly payment Rent vs. Buy More mortgage calculators

For additional information and to APPLY: Call 1-800-562-6694 ext. 2280


* For example, currently a $95,000 fixed rate BEST loan for 30 years at 6.017% APR with $5,000 down payment will have 360 payments of $561.96.