PARAMOUNT MORTGAGE - LENDER'S BLOG New Incentive to Buy Now Through St. Charles County Program July 6th, 2009 1:32 PM New Incentive to Buy Now Through St. Charles County Program St. Charles, MO - If you are a first-time home buyer wanting to purchase a new home in St. Charles County, or an existing homeowner planning to move to St. Charles County and buy a new home, free money is waiting for you. Home St. Charles, a program of the St. Charles Economic Development Council (EDC) has just created a "Welcome Home" incentive program offering new home buyers in St. Charles County an extra $1,000 to purchase. A first-time home buyer could add this to their Federal Tax Credit increasing their purchase incentive. The program has a budget of $10,000 and is limited to 20 buyers. Buyers will need to obtain a $500 commitment from a builder or lender which will then be equally matched by Home St. Charles and then made available at the closing table. "As part of our broader economic solutions campaign, the Welcome Home Incentive Program is designed to help attract new residents, sell new homes, and impact local jobs in St. Charles County," said EDC President Greg Prestemon. "We also hope this effort will serve as a challenge to other community groups, businesses, and organizations to encourage them to consider how they can refocus resources and programs to have an immediate and positive impact on the local economy." Here are some of the basic details: $500 new home incentive to new residents of St. Charles County or first-time home buyers in St. Charles County. Applies to single-family new construction or new inventory. Purchase price cannot be more than $267,000 (the median sale price of a new, single-family home in St. Charles County. The incentive will apply to NEW contracts signed after July 1, 2009. $500 must be matched by participating home builder, banker, or mortgage broker for $1,000 total credit. Incentive is paid at closing. 20 rebates will be available for a total of $10,000. The incentive application form is available at homestcharles.org. In addition to low interest rates, affordable sales prices and the $8,000 Federal Tax Credit, potential St. Charles County buyers have a profitable incentive to buy now! The "Welcome Home" Incentive Program offered by HOME St. Charles, the Economic Development Center and Partners for Progress of Greater St. Charles is designed to attract new residents, sell new homes and impact local jobs in St. Charles County. Details can be found on the web site at www.homestcharles.org Link: Welcome Home Posted by Customer Service on July 6th, 2009 1:32 PMPost a Comment (0) * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

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Paramount Mortgage Company: Missouri NMLS ID: 67856 • 347 N. Lindbergh Blvd., St. Louis, MO 63141 • Phone: (314) 372-4300  • Toll-Free: (800) 735-5957 • Fax: (314) 372-4399  Branch Offices – Florida: Florida NMLS ID: 67856 •  4511 North Himes Ave., Suite 200, Tampa, FL 33614 • (813) 449-4260 • Fax: (888) 258-0619   California: California ID: 41310735850 • Canoga Ave, Suite 400, Woodland Hills, CA 91364  • Phone: 818-710-7165  PMC Mortgage Washington: Washington ID: CL-67856 • 14205 SE 36th Street, Suite 100, Bellevue, WA 98006 • Phone: (425) 637-0700  • Fax: (425) 671-5488   PMC Mortgage Idaho: Idaho ID: MBL-7528 • 1875 N. Lakewood Dr., Suite 102, Coeur d'Alene, ID 83814 • Phone: (208) 765-5626 • Fax: (208) 667-2766  State Licences: Texas: SML 50448 • Illinois: MB 0006371