On Line Pre-Qualification

No Money???     No Problem!   

3% Down payment for loans up to $240,000 can be:

1) Gift, grant, or loan from a family member, employer,  government or  nonprofit organization.

2) Loan secured by a marketable asset: 401(k), CD's, cash value insurance, etc.

3) Borrower's own verified funds.

3% Seller contribution to closing costs or upfront fee.

Expanded debt ratios as determined by "Desktop Underwriting"

Lower Mortgage Insurance (18% coverage) buydown can be added to rate or may be paid upfront by Seller.

Minimal reserves (2 months) or as determined by "Desktop Underwriting".

Owner occupied Single Family, PUD's and Condos.

Available to first time homebuyers and current homeowners moving up.

No income limit, No geographical restrictions, No homebuyer counseling.

Good credit required 680+ credit scores.

The debt ratio and reserve requirements are Flexible.

It is important to call us before writing the sales contract.  There are pricing adjustments that the seller may be willing to pay.

Rates and guidelines subject to change without notice.  There is no guarantee that all loans meeting the above criteria will be approved.

We also have 5% down FNMA (Fannie Mae) & FHLMC (Freddie Mac) loans at GREAT rates !!!