Features and Details

• Fixed and adjustable rates available
  
• Loan limit of $647,200 on FNMA high balance, if applicable
• Seller contributions are:
  • 3% with more than 90% loan to value
  • 6% with 75-90% loan to value
  • 9% with less than 75% loan to value on primary and secondary homes.
  • 2% maximum on investment with any loan to value
• Minimum credit score of 620
• Programs allow for multiple financed properties
• Low down payment options available
• Ability to waive escrow of taxes and insurance
• Gift funds allowable
• Second position mortgages available to avoid mortgage insurance
• Program subject to change without notice