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Berkshire Bank Is Excited to Join the Buy Springfield Now Program

  

With the opening of Berkshire Bank’s Financial Services Center located at 1259 E. Columbus Ave. in Springfield, Berkshire Bank is now a participating lender with
Buy Springfield Now
.

 

Buy Springfield Now is a partnership with private and public organizations that promotes and preserves homeownership opportunities throughout the City of Springfield by offering special finance packages.

 

Berkshire Bank’s mortgage professionals have the experience and expertise to guide you through the qualification process. They will review your income, assets and credit history to determine the right mortgage for you. There has never been a better time to become a homeowner and Buy Springfield Now!

 

 Buy Springfield Now is not limited to first time homebuyers!

 

Eligible Properties:

  • Purchase of 1 – 4 family and condo owner-occupied residences
  • Purchase and rehab loans available for owner-occupied residences

 Loans Available:

  • 97% LTV financing (100% financing available dependant on credit score)
  • FHA financing to 96.5% LTV
  • No point options available
  • Seller paid closing costs allowed
  • Lender credit of $300.00 at time of closing

 Limitations:

  • Must have a credit score of 660 or above, depending on the loan product and down payment
  • Must complete a certified homebuyer education course (first time homebuyers only)
  • Must reside in property purchased

Call Kim Shumate at 413-935-1588 today to learn more about the Buy Springfield Now program.

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