loan Products

General Requirements:

• Credit Score: 620 +

• Minimum Down Payment Requirement:

  • 3% (First-Time Homebuyers)

  • 5% (Primary home, not First-Time Homebuyer)

  • 20% + (No PMI)

• Primary, Secondary, and Investment homes

General Requirements:

• Credit Score: 580 +

• Minimum Down Payment Requirement:

  • 3.5%

  • 10% (MIP to be waived after 10 years)

• Primary homes ONLY

• Allows for shorter waiting periods for Bankruptcies, Foreclosures, and Short Sales

General Requirements:

• Must be a Veteran and/or Veteran Spouse

• Credit Score: 580 +

• Minimum Down Payment Requirement:

  • 0%

• No Mortgage Insurance

General Requirements:

• Credit Score: 660 +

• Minimum Down Payment Requirement:

  • 10.01%

  • 20% (Significantly better pricing!)

• Minimum loan amount (can vary by area)

  • $726,200

• Reserves will be required

• Bank Statement Loans

  • For Self-Employed Borrowers who might benefit from showing proof of deposits rather than tax returns.

• DSCR (Debt-Service-Credit- Ratio)

  • For Investor Borrowers who may not want to show income documentation.

  • Lenders will review expected rental income and compare to the expected monthly payment.

• 1099

  • For Self-Employed Borrowers who are paid by 1099, and may benefit without showing tax returns.