Yes, this can be delivered for loan amounts up to $729k ($1,041,400 purchase price max), 25% down payment minimum OO, 35% NOO, minimum nine (9) months reserves required.
Your next question is, what credit score? No score required, good explanation for derogatory information with all items cleaned up.
Your next questions is, what about rates? How does 5.50% (current rate) for a term of 30 years grab you?
There are 2 origination points, plus the usual other fees...
My question to you is, what are you wating for? You know you have clients who can use this product, why lose another sale because you thought this was not avaialble any longer! Especially at a reasonable rate...
Good for wage earners and self-employed - the stated income must be reasonable for the position!
Drop a line with any questions you have and I will get them answered for you ASAP and let me help you make this year a great one!
Ewing, NJ 08628