Purchasing a home becomes more achievable. It provides flexible financing options and down payment assistance to support your home ownership goals. With the lowest upfront costs and competition requirements, the plan makes owning a home easier to obtain.
Program Highlights:
- 101.5% CLTV – Includes 96.5% first mortgage and 5% down payment assistance (DPA).
- 5% DPA – Helps pay for closures and makes home ownership easier to obtain.
- 5% Maximum DTI – Flexible debt-to-income ratio manually underwriting.
- Qualified attribute types – Single family home, 2 units, apartments and manufactured homes.
- 600 minimum FICO – Used for borrowers who are mortgaged first using FHA or USDA.
- First time home buyers don’t need it – Open to all qualified buyers.
- FHA 30-year fixed mortgage – Provide stable payments and competitive interest rates.
- No income restrictions – Available for borrowers at any income level.
- No– Allowed joint signers – No income is used to determine income eligibility.
- DACA Borrowers Qualify – DACA recipients are welcome.
Contact us today, contact the mortgage officer to discuss your eligibility, and get guidance throughout the application process.
