Buying a house simply turned extra achievable with this program. It presents versatile financing choices and down cost help to help your homeownership objectives. With minimal upfront prices and aggressive necessities, this program makes proudly owning a house extra accessible.
Program Highlights:
101.5% CLTV – Contains 96.5% First Mortgage and 5% Down Cost Help (DPA).5% DPA – Helps cowl closing prices, making homeownership extra accessible.5% 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 30-12 months Fastened Mortgage – Provides secure funds and aggressive rates of interest.No Earnings Limits – Out there to debtors at any earnings stage.Non-Occupant Co-Signers Allowed –Non-Occupant Earnings just isn’t used to find out earnings eligibility.DACA Debtors Eligible – Welcoming DACA recipients.
Contact us as we speak to attach with a MortgageDepot mortgage officer, talk about your eligibility, and obtain steerage all through the appliance course of.
