first time home buyer program: Dream Maker No Money Down Mortgage Program
- 11/02/07 03:50 PM
Dream Maker Mortgage Product The Dream Maker Mortgage Product has no property restrictions and has a minimum credit score requirement of 620 except if you have no credit where you will be allowed to use alternative credit. 100% Financing with a 620 Min Credit Score No property restrictions Income Limits are 125% of HUD Median Example: Charlotte-Gastonia-Concord $ 75,250.00 Max Household Income waived if property is located in a Fannie Mae Neighbors Program - see Fannie Mae property GeoCoder http://www.eFannieMae.com Mortgage Insurance can be financed on top of mortgage! Up to 25% undocumented income allowed Documented Income Max DR is 53%: Combined DR (1 comments)