PFG Introduces the "Real Estate Reassurance Mortgage Program"

July 15, 2009 - PRLog -- Bethlehem, PA and Orlando, FL  – In their ongoing efforts to protect future home buyers and home owners, Precision Funding Group, LLC., a licensed Full Service Mortgage Banker and FHA Approved Lender in Bethlehem, PA  introduced the “Real Estate Reassurance Mortgage Program”.    

Interest rates are near record lows. Real estate purchases are an amazing value. Unfortunately, many potential home buyers and refinance candidates are skeptical of the direction the economy seems headed. They are missing a perfect opportunity to refinance, purchase an investment property, move into a larger home or build their dream home.  With real estate prices presenting an incredible value, now is the time to take action. The $8,000 Federal Tax Credit Program for first time home buyers has been a boon to the industry especially in Florida, Pennsylvania, Maryland and other desireable locations.

Precision Funding Group, LLC is a locally owned and operated Full Service Mortgage Banker and FHA Approved Lender.  "We are immersed in and understand the needs of the communities we support," states Jim Cleffi,  Managing Partner of Precison Funding Group - Lehigh Valley. This initiative will "reassure" home owners and home buyers in the wisdom of their mortgage transaction with Precision Funding Group - Lehigh Valley.

The Real Estate Reassurance mortgage program offers several benefits to home buyers.  Current interest rates for a 30 year fixed rate mortgage are approximately 5%.  The $8,000 First Time Homebuyer Tax Credit, if used as part of the down payment, wil further lower monthly payments. In addition, this program offers an unemployment feature.  “Any of our customers and friends who qualify and secure a mortgage through PrecisionFunding Group - Lehigh Valley will be covered if they become unemployed at any time during the first 2 years of securing their mortgage. Home owners who become unemployed within the first two years of their mortgage  and will have their mortgage payment paid for up to 4 months.  There is a maximum payment cap of $2,000 per month including taxes and insurance”, states Jim Cleffi.  "Many economists believe that the economy, unemployment and the real estate market will rebound in 2011. Many of our friends and customers are apprehensive about buying or building during these troubled times. The Real Estate Reassurance Mortgage Program has been developed to reassure our customers and friends that Precision Funding Group - Lehigh Valley supports them and is with them in trust during trying times as well as good times."

Interested parties should contact Jim Cleffi directly at 610-419-8575 or 877-773-4734 for more information.

# # #

PRECISION FUNDING GROUP, LLC is a multi-state fully licensed Full Service Mortgage Banker and Lender as well as an FHA Approved Lender.

Precision Funding Group - Lehigh Valley offers mortgages for Residential purchases and refinancing, First Time Home Buyers, New Construction, Debt Consolidation, Home Improvement, BWMA Bi-Weekly Programs, USDA, FHA, Alt FHA, VA Veterans Mortgage Programs, Reverse Mortgages for our Seniors, Investment and Commercial Mortgage Opportunity Programs. Expanded Programs and hard Money Options are also offered as part of the complete portfolio of options, products and services.