Are you planning to buy a new home in Pennsylvania but feeling overwhelmed by financing? Berks Homes is proud to partner with CMG Home Loans, a preferred lender with truly innovative solutions. They aim to help buyers navigate changing interest rates and make the best possible investment.  

 Top CMG financing programs to consider 

Rate Rebound  

Mortgage rates may fluctuate, but that doesn’t mean you have to wait to buy or build a home. With CMG’s Rate Rebound program, buyers can lock in the financing they need today, with the opportunity to refinance within five years with no lender fees if market conditions improve. 

 This program makes homeownership a solid investment, regardless of the economy. It also applies to various loan options, including conventional, FHA, VA, and jumbo loans.  

PHFA K-FIT  

CMG is a partner of the Pennsylvania Housing Finance Agency (PHFA), and the two entities work tirelessly to make homeownership more accessible. The Keystone Forgivable in Ten Years (K-FIT) program offers up to 5% of the purchase price in down payment assistance, which is forgiven over 10 years. First-time buyers or those with limited upfront funds should absolutely take advantage of this option.  

Learn more about how you can benefit from a K-FIT loan here. The program is a compelling way to break down financial barriers and secure your new Berks home. 

HomeFundIt™  

Saving for a down payment isn’t easy, but here’s the upside: You don’t have to do it alone! With the HomeFundIt™ program, you can crowdsource contributions from family and friends. This program is an excellent way to celebrate a wedding or birthday, and loved ones can easily pitch in by clicking your shareable campaign link. 

 An amazing benefit is that CMG will match contributions up to $2,000 for first-time buyers who complete a homebuyer education program. Talk about a modern, innovative way to maximize your savings and invest in the home you’ve always wanted.  

Extended Rate Lock 

Building a new construction home? The Extended Rate Lock program brings peace of mind by locking in your rate for up to 360 days. This eliminates uncertainty during the construction process and lets you focus on your new residence. We love this program because if market rates drop, you’ll have a one-time float-down option to take advantage of the lower rate before closing. 

Bridge Loan 

For buyers transitioning between homes, CMG’s Bridge Loan program provides short-term financing to cover the gap between selling your current home and purchasing your new Berks build. This means you won’t have to rush through your move or settle for less than your current home’s value. 

These programs are proof that CMG offers something for everyone. Each provides a simple solution to common challenges like saving for a down payment, locking in a great rate, or managing the timing between buying and selling a home.  

Why work with a preferred lender? 

As a preferred lender, CMG Home Loans offers exclusive benefits tailored to Berks buyers. From custom financing solutions to closing cost savings, our partner streamlines the homebuying process for customers here in Pennsylvania. Their On-Time Closing Guarantee provides added assurance that your financing stays on schedule. 

Ready to make your move? 

CMG Home Loans and Berks Homes are here to help you find the perfect financing solution. Down payment assistance and our partner’s Rate Rebound program are just the beginning. 

The truth is that with Berks, you’ll find all the tools to make your homebuying experience simple and rewarding. CMG’s competitive financing is a fantastic place to start, and it comes with the support of Michael Bower, Vice President and Branch Manager of our partner’s Allentown location.  

 So what do you say? Get pre-qualified today and start building your future. CMG is one of our great preferred lenders. To view them all, click here.