This Program requires 20 or more Employees from the same company to join.
The way this program works is SMW Enterprise will purchase the home for the member, or refinance the home for the member.The Property will be in SMW Enterprises name and will be deeded to the member. As long as that member stays at the job they listed for the program, that member will stay in the home at the current members rate. If the member decides to opt out of this program, but wishes to remain in the current home. Then a new contract will be drawn up at an interest rate of 8.5%.
The member will be deducted $100.00 per paycheck for as long as they remain in the program. The member must be at lease 21 years of age. Must be at their job for no less than 6 months.
Each home will depend on the members family size.
Single Person, will be given a credit up to $125,000
A Couple with no children, will be given a credit up to $150,000
A Couple with 1 child, will be given a credit up to $175,000
A Couple with 2 or more children will be given a credit up to $200,000
The estimated time frame for this program is 6 to 8 month.
To move forward with this program, click the button below.