[av_section min_height=’custom’ min_height_px=’250px’ padding=’default’ shadow=’no-shadow’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_arrow_bg=” id=” color=’main_color’ custom_bg=” src=’https://lam.corephp.org/wp-content/uploads/2022/09/lam-buy-hero.jpg’ attachment=’2864′ attachment_size=’full’ attach=’scroll’ position=’center right’ repeat=’stretch’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′] [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=’40’ font_color=’custom’ color=’#ffffff’ av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]

Zero Down 10/6 ARM

No down payment? No problem. Buy a home with no money down!

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Don’t have funds for a down payment? You may not need to.

Lake Area Mortgage is now offering a Zero Down 10/6 adjustable-rate mortgage (ARM) option. Qualified borrowers may be able to purchase a home with no down payment and finance up to 100% of their home purchase.
[/av_textblock] [av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]

Zero Down 10/6 ARM product highlights:

• Max LTV 100%
• Minimum Credit Score: 720
• Reduced Mortgage Insurance PMI) is required if LTV is over 80%
• Occupancy Type: Owner-Occupied Primary Residence Only
• Property Type: Single Family Residence, Townhome, Condominium, or Twin Home

[/av_textblock] [av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=”] [av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”] Just like other ARM options at Lake Area Mortgage, our Zero Down 10/6 ARM locks the loan rate for 10 years. Following the initial 10-year period, the rate may adjust every 6 months for the remaining loan term.
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Questions?

[/av_textblock] [/av_two_fifth] [av_section min_height=’custom’ min_height_px=’150px’ padding=’no-padding’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_arrow_bg=” id=” color=’main_color’ custom_bg=’#d4e1de’ src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′] [av_two_third first min_height=’av-equal-height-column’ vertical_alignment=’av-align-middle’ space=” margin=’0px’ margin_sync=’true’ padding=’0px’ padding_sync=’true’ border=” border_color=” radius=’0px’ radius_sync=’true’ background_color=” src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_heading tag=’h2′ padding=’10’ heading=’Your new home is within reach.’ color=” style=’blockquote modern-quote’ custom_font=” size=’40’ subheading_active=” subheading_size=’15’ custom_class=” admin_preview_bg=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=”][/av_heading] [/av_two_third][av_one_third min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_button label=’Apply Today!’ link=’page,4428′ link_target=’_blank’ size=’x-large’ position=’center’ icon_select=’no’ icon=’ue800′ font=’entypo-fontello’ color=’custom’ custom_bg=’#ac8400′ custom_font=’#ffffff’ admin_preview_bg=”] [/av_one_third] [/av_section] [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_textblock size=’12’ font_color=’custom’ color=’#afafaf’ av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”] This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. This is not an offer to enter a loan agreement at a specific rate. An offer to enter into such an agreement may only be made pursuant to Minn. Stat. 47.206. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Lake Area Mortgage™ is a division of Royal Credit Union, 1200 County Road E., Ste 200, Arden Hills, MN 55112. NMLS# 543781.
[/av_textblock] [/av_one_full] [av_section min_height=’custom’ min_height_px=’150px’ padding=’no-padding’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_arrow_bg=” id=” color=’main_color’ custom_bg=’#a7c4e8′ src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′] [av_one_third first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_icon_box position=’top’ icon_style=” boxed=” icon=’ue836′ font=’entypo-fontello’ title=’REQUEST INFORMATION’ link=’page,3380′ linktarget=” linkelement=” font_color=’custom’ custom_title=’#ffffff’ custom_content=” color=’custom’ custom_bg=’#3a715c’ custom_font=” custom_border=’#00306e’ av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”][/av_icon_box] [/av_one_third][av_one_third min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_icon_box position=’top’ icon_style=” boxed=” icon=’1′ font=’entypo-fontello’ title=’CALL US TODAY’ link=’manually,tel:651-209-2900′ linktarget=” linkelement=” font_color=’custom’ custom_title=’#ffffff’ custom_content=” color=’custom’ custom_bg=’#3a715c’ custom_font=” custom_border=’#00306e’ av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”][/av_icon_box] [/av_one_third][av_one_third min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=”] [av_icon_box position=’top’ icon_style=” boxed=” icon=’ue80a’ font=’entypo-fontello’ title=’MORTGAGE LOAN OFFICERS’ link=’page,204′ linktarget=” linkelement=” font_color=’custom’ custom_title=’#ffffff’ custom_content=” color=’custom’ custom_bg=’#3a715c’ custom_font=” custom_border=’#00306e’ av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”][/av_icon_box] [/av_one_third] [/av_section]