Now available for ALL FULL DOC BORROWERS. Additional flexibility for families living with disabilities, Fire Fighters, Police, Healthcare Workers, Teachers, & Military.
100% Financing for Purchase & R/T Refinance
Tax Deductible MI @ 20% (low factor est. @ .59)
Must make less than Median Income Limits: King & Pierce $70,800 and Kitsap $63,200
up to 64.99% DTI ratio
NO Reserve Requirements
FICO as low as 600
Flexible on Credit History with nontraditional trades required
Borrower may not own another home at closing.
May use Other Income to qualify: including Rental & Social Security
Home Buyer Education NOT REQUIRED
Minimum Borrower Contribution $0 & Seller Contributions up to 6%
Each borrower qualifications based on FICO, assets, income, and debt. APR, Tax & Insurance to be determined.
Melissa.... I concur. Job well done. But we don't want to tell all lenders about this program.... ;o) Especially those that were stuck on those subprime loans, when their client might have deserved one of these loans instead.
Jeff....lol...This is why I provide a worksheet to my client showing options of different programs, loan amounts, payments, etc. I want them to see the analytical process I go through for them to decide which is right for them.
Our vision is to help everyone find financial freedom through lifetime learning, passion for excellence, integrity, and trust. Home Ownership Provides Everyone...what dreams are made of. HOPE Lending returns 10% of all revenues to the Muscular Dystrophy Association. Thank you for being part of this and living with a solid contribution in our ever changing Real Estate market.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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thanks for the info
bob