FT. MYERS, Fla., Aug. 26, 2004 (PRIMEZONE) -- Allied Home Mortgage Capital Corporation (AHMCC) Ft. Myers' Branch No. 0869 is offering recent storm victims home funding assistance with 100% Financing Mortgage Loan Programs. The programs are available for both homeowners and renters whose homes have been destroyed by Hurricane Charley or Tropical Storm Bonnie and were previously located in one of the "declared disaster counties" in Florida.
"Our community was tremendously impacted by the recent storms and we want to do what we can business-wise to help ease their burden of finding a new place to live," Allied's Carol Yancey said.
These special loans are available as a fixed or adjustable rate mortgage on one-unit detached homes and certain condominium units. No down payment is required and the credit-qualified borrower is eligible to finance 100% of the sales price of the new property. (However, payment of closing costs and prepaid expenses not paid by the seller may be a cost of the borrower.)
The borrower must provide conclusive evidence that their current residence was destroyed or damaged to such an extent that reconstruction or replacement is necessary. The borrower must submit a mortgage application within one year of the President's declaration of disaster.
Interested parties should contact Allied's loan officers by calling 239-277-0023 or 800-417-6464. The office is located at 1400 Colonial Blvd, Suite No. 251 in Ft Myers, Florida 33907. On-line applications can be submitted to our website at: (www.mortgageasap.com/fl/0869).
About Allied:
Founded in 1991, AHMCC is the largest privately held mortgage banker/broker in the U.S., with more than 700 offices in 48 states, Guam and the Virgin Islands. It offers a wide variety of mortgage products and services from over 800 lenders.
In 2003 the company funded over $15 billion in loans and was named as one of "The Top 25 Tech-Savvy Lending Firms" by Mortgage Technology magazine - a feat they repeated in 2004. Allied is the exclusive mortgage lender for Carleton Sheets.
For more information about the company, visit Allied's websites at: (www.branchasap.com), (www.mortgageasap.com) and its Spanish language site: (www.prestamopronto.net).
The Allied Home Mortgage logo can be found at: (http://media.primezone.com/prs/single/?pkgid=704).