Synovus Makes $100M Affordable Mortgage Commitment

Staff Report From Columbus CEO

Tuesday, October 3rd, 2017

Synovus has committed $100 million to its Affordable Mortgage Program for first-time homebuyers and other borrowers who may require assistance to purchase a residence.

“This funding is an exceptional opportunity to help people become homeowners,” said Steve Shoemaker, director of residential mortgage for Synovus Mortgage Corp. “AMP is a flexible product with the possibility of 100 percent financing, the potential to qualify with a credit score as low as 620, and the ability to layer on down payment assistance programs.”