Frequently Asked Question - Teacher A+

The HOME BUYING PROGRAM

Where do you find information on homes starting at $54,500?
§ At TeacherAPlus.com you can find home and properties that are listed by the Realtors belonging to the online community. Many of these homes are under $100,000 and are perfect for first time home buyers and potential investment properties.

How do you know which selected homes are available with no money down?
§ The government housing authority of the USDA sponsors our loan program, which we can offer no money down on selected homes. To find out which homes or areas are available, please call.

How can I get more information on foreclosures and short sales?
§ TeacherAPlus.com has put together a group Realtors dedicated to providing information, strategies, and properties. This group is specialized in the foreclosure and short sale market.

What is the network of real estate professionals?
§ This network of individuals on TeacherAPlus.com. These professionals have all joined together to help facilitate home ownership of teachers. They are your mentors, advisors, community, friends, and family.

What kind of support and help can you provide?
§ Through our online community, teachers can ask questions, create focus groups, and utilize TeacherAPlus.com any time of the day. With several hundred active members, our online network is quick to respond to any interaction.

What is Lesson Plans For Home Ownership TM?
§ This is a nine step outline for teachers to walk through before and during the home purchase process. Each lesson plan consists of a goal, the real estate professionals involved, information on the goal, and questions to ask your advisors.

What makes TeacherAPlus.com special?
§ The website was created to specifically give teachers an online community they could interact with in regard to real estate. The website is quickly becoming an advocate for home ownership among teachers. Real Estate community leaders are now a part of our community ranging from presidents and owners of national real estate companies to former teachers turned real estate agent.

FAQ - Teacher A+

The HOME LOAN PROGRAM

What is the Teacher A+ 30 year fixed?
§ This loan program is a 30 year fixed loan that loan qualifying features specifically for teachers.

What is the interest rate bid desk?
§ The bid desk is designed to help Community First Financial deliver the best available rate in the marketplace. If a teacher can document that another lender has a better interest rate for a specific product our bid desk will attempt to match or beat that rate.

How do I take advantage of no down payment?
§ First time home buyers may purchase a selected home with no down payment. We can use a non-traditional credit score method which allows teachers with challenged credit or no credit history to qualify. Our program can be combined with any city, county or state grants and also allows gifts from family.

How do I get a free appraisal?
§ We will pay for an appraisal for any teacher that closes home loan with Community First Financial.

How do I get a free credit report?
§ Because of our commitment to teachers we will pay for a credit report.

How can you lower my existing payment?
§ We will do a market analysis of your current interest rate and your current home value to determine if we can lower your interest rate and/or payment.

What is http://www.communityfirstfinancial.com/?
§ Our website is useful resource to learn more about our company and other loan programs.