Buying a house simply grew to become extra achievable with this program. It affords versatile financing choices and down fee help to assist your homeownership targets. With minimal upfront prices and aggressive necessities, this program makes proudly owning a house extra accessible.
Program Highlights:
- 101.5% CLTV – Consists of 96.5% First Mortgage and 5% Down Cost Help (DPA).
- 5% DPA – Helps cowl closing prices, making homeownership extra accessible.
- 50% Max DTI – Versatile debt-to-income ratio for guide underwriting.
- Eligible Property Varieties – Single-family properties, 2 models, condos, and manufactured properties.
- 600 Minimal FICO – For debtors utilizing an FHA or USDA first mortgage.
- First-Time Homebuyer Not Required – Open to all eligible consumers.
- FHA 30-Yr Mounted Mortgage – Affords secure funds and aggressive rates of interest.
- No Revenue Limits – Accessible to debtors at any earnings stage.
- Non-Occupant Co-Signers Allowed –Non-Occupant Revenue isn’t used to find out earnings eligibility.
- DACA Debtors Eligible – Welcoming DACA recipients.
Contact us right this moment to attach with a MortgageDepot mortgage officer, talk about your eligibility, and obtain steering all through the applying course of.
