Home Court Advantage

Mortgage Investors Group

Home Court Advantage Mortgage Program

Mortgage Investors Group is honored to have been selected to offer you an incredible advantage for the upcoming homebuying season. This program is designed to help homebuyers affordably achieve the dream of homeownership by giving them the Home Court Advantage! This great advantage will allow you to get into that dream home with less money out of your pocket! Homebuyers will be provided with an exclusive 15-year fixed-rate second mortgage of $7500, which will help cover your down payment, closing costs, prepaids, and in some cases, a portion of the mortgage insurance cost!

This not just for first-time home-buyers! Move-up buyers may be eligible! The Home Court Advantage is for all for all Tennesseans.

Program Specifications

  • First Mortgage up to 97% of value PLUS additional financing up to 105% of value
  • Does not have life-of-loan mortgage insurance
  • Second mortgage is fixed to amortize over 15 years at the low interest rate of 3 percent and 3.001 percent APR*
  • New applicants also receive up to $7500 in additional savings from various home retailers through our Genworth Homebuyer Privileges program.

Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. Terms and conditions to apply to home financing. We want to share with you the loan terms vary based on several characteristics and your financial profile. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. The repayment terms and interest rate may vary from time to time. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page. Additional details concerning privacy, program disclosures, licensing specifics may be found at migonline.com Legal Information.

MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. For estimates and general information before that step, the basis for which the mortgage financing information are as follows:
  • Rates are subject to change at any time.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Payments will vary based on program selection, current rates, property location, etc.
  • Not all programs are available in all states.
  • Some loan programs may not be available to first time home buyers.
  • Terms and conditions apply, which may include restrictions or limits per loan program.
  • Information is generally based on primary residence occupancy with no cash out when refinancing.
  • Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher; owner occupancy, escrow account is established for taxes and insurance(s); debt-to-income ratio no higher than 43.0%; PMI applies to conventional loan programs over 80.0% LTV; VA,FHA & RD require insuring fees included in loan and/or payment; fixed rate, 30 year term.

An MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 800-489-8910. Equal Housing Lender 1.2020