Skyscape Condos – Minneapolis MN
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Downtown Condo Financing Solved!
Hi there,
Recent changes in the mortgage industry have made it next to impossible to get a conventional loan. At Skyscape, we have overcome this challenge so that our buyers can own the downtown condo they have always wanted.
Skyscape is the only NEW downtown development to be FHA- and Fannie Mae-approved, which means:
- Qualifying buyers only have to put 3% down* as opposed a minimum of 10% required by most conventional loans.
- FHA loan can also be used with City Living, a down-payment assistance program from the City of Minneapolis which allows buyers to purchase with as little as 1% down!
Opportunity of a lifetime
There are many good reasons to purchase at Skyscape using a FHA loan:
- Lower cost: FHA loans have competitive interest rates because the Federal government insures the loans for lenders.
- Smaller down payment: FHA loans have a low 3% down payment and the money can come from a family member, employer or charitable organization as a gift.
- Easier qualification: Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
- The FHA has been around since 1934 and will continue to be here to protect you.
* This is not an offer for specific FHA financing terms. Qualification and terms may vary. Please consult your lender for details.
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Come see what Skyscape has to offer—contact Great Homes in Minneapolis for a private showing of Skyscape at 952-223-1150. The Sales Center in unit #2001 is open from 12pm to 5pm every day.
- Brand new construction
- Full amenity high rise with 24-hour door attendant
- Downtown location, close to Light Rail
- Clean contemporary design
- Incredible skyline views
Stop by after work any day—just call beforehand to set up an appointment.
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This entry was posted
on Tuesday, August 5th, 2008 at 12:09 pm and is filed under Minneapolis Real Estate.
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