Zero Down-80/20 Interest Only Program- NO PMI!
1st and 2nd mortgage combination loan- Super Low Payments!
Zero money down
620 minimum credit score
1-4 unit properties, condo, townhome
1 year, 2 year, 3 year, and 5 year arm loan programs
Non-occupant co-borrower okay to qualify
Automated 10 Minute Approval!
Zero Down-EZ Qualifier Series
Zero money down
580 minimum credit score for borrower who makes 51%+ income. Co-borrower's credit score not considered but income is used to qualify.
Bankruptcy Okay! Mimimum credit score is 600 for Bankruptcy discharged 1 day and minimum score is 580 for bankruptcy discharged 1 year.
No credit explanations-no collections or judgements have to be paid off
80/20 Combo Loan Program- No PMI!
New! One loan option available which we will average 2 best credit scores to qualify . 580 minimum score required and No PMI.
Partners in Charity Down Payment Assistance Dream Program
www.partnersincharity.org/homebuyer.htm
Zero money down- Partners in Charity will provide gift for down payment- no repayment of gift !
FHA and Conventional loans eligible
Condo-single family home-townhome -multi-unit
Call Jason Graf at 417-886-0609 for more details!
Emerging Markets 0-3% Down Program
Conventional 0 down loan with 620 credit score
Non-traditional credit considered if no credit score is present
Seller can pay 4% of purchase price in closing costs
Closing costs can be 100% gift!
Single family-townhome-condo- 2 unit (600 score & 3% down payment required)
Income restrictions do apply unless property located in targeted area- Call
Down Payment Assistance Program available
Unsecured loan for down payment okay
No PMI Option available
30 year fixed-3/1-5/1-7/1 arms
Non-occupant co-borrower okay to qualify
Home Solution 103% Program
No money down! No PMI!
Up to 3% closing costs & debt can be rolled into loan!
Single family- low rise condo (4 stories or less)
600 minimum credit score up to $400,000
620 minimum credit score for 2 unit property up to $300,000
650,000 maximum loan with 720 credit score
30 year fixed loan, 2 year arm, and 3 year arm loan programs
Teacher Zero Down Program
Zero money down
One of applicants must be full- or part-time teacher or school administrator in a private primary or secondary school (that is Kindergarten thru 12th grade)
Good credit-660 score for primary borrower
30 year fixed or 5/1 arm loan options available
80/20 Zero Down Piggyback Loan-No PMI
1st and 2nd mortgage combination loan
0% down payment
NO PMI
Good credit
Condo-single family-townhome
30 year fixed
80/20 Zero Down 2-1 Buydown Loan Program-No PMI
1st and 2nd mortgage combination loan
0% down payment
NO PMI
30 year fixed loan- not adjustable rate mortgage
Qualify at initial rate well below market rate
VA Loan Program
Veterans and members of the National Guard. Must have certificate of eligibility. In service vets have additional requirements.
0% down payment
Single family-approved condo-townhome
30 year fixed loan program
Automated 10 Minute Approval!
3% Down Loan Programs
Fannie 97 Program
3% down payment can be 100% gift
Down Payment Assistance Program available
Condo-single family home-townhome
Good credit
30 year fixed, 5/1 arm, 7/ 1 arm loan programs
Automated 10 Minute Approval!
FHA Loan Program
3% down payment can be 100% gift
Down Payment Assistance available such as Partners in Charity
Approved condo -single family-2-4 unit properties eligible
Fair to Marginal Credit History- FHA will look mostly at last 2 years of credit history. If there are some credit issues, we may be able to overcome them with sufficient explanations and supporting documents of why the derogatories occurred. The explanations must make sense such as loss of job, serious illness, etc.
Bankruptcy must be discharged 2 years and you should have perfect re-established credit history with revolving and installment loans and/or non-traditional credit accounts such as rent, utilities, car insurance, cell phone, etc.
No Credit History okay but you should have non-traditional credit accounts such as rent, utilities, car insurance, etc that you have been paying on for 1 year or more.
Collections and judgements must be paid off prior to closing.
30 year fixed or 1 year arm loan programs- Now available on 3/1 and 5/1 arms
Automated 10 Minute Approval! Also, the file can be manually underwritten by live underwriter if you do not receive automated approval.
FHA Kiddie Condo Program
Parents can co-sign for son/daughter and not occupy property
Qualify for loan using combined credit, income, and assets
Single family-townhome- approved condo
Son/daughter does not have to have income or credit history
30 year fixed or 1 year arm loan programs
FHA 2-1 Buydown Loan Program
3% down payment can be 100% gift
Approved condo -single family-2-4 unit properties eligible
30 year fixed loan- not adjustable rate mortgage
Low Payment and borrower qualifies at initial rate well below market rate
5-10% Down Loan Programs
Piggyback Loan Program- No PMI
1st and 2nd mortgage combination loan
5-10% down payment-80-15-5 or 80-10-10 program
Condo-Single family home-townhome
Call for further details on program
First Time Home Buyer Credit Challenge Loan Program
10% down payment
Seller can carry back 2nd mortgage for full 10% down payment
540 credit score or no credit okay!
Condo-single family home-townhome
There are many first time buyer programs available and you should Get Pre-Approved before shopping for your first home.
Please call to check on program availability in your particular state. First time home buyer programs are subject to change without notice.
