The team at Escala is celebrating another milestone – full FannieMae approval! Increased sales momentum over the past few months moved Escala past the 51% sold benchmark required by FannieMae for their home mortgage program.
Why is this important if you’re looking to purchase at Escala?
• Reduced down payment – in place of 20% buyers now have the potential to put down as little as 5%.
• Lending Options – The number of financial institutions providing home loans at Escala will increase and give buyers a broader selection of mortgage possibilities.
• Lower Rates – With additional lending options comes the opportunity to take advantage of the lowest interest rates available.
For more information please call 206.816.6300.