Help getting qualified for a Mortgage in New Hampshire
Your first step for purchasing of a home is to get approved for a mortgage. This will give your Real Estate Agent the ability to show you homes in your price range.
To find out about Help getting qualified for a mortgage in New Hampshire it important that you work with a Loan Originator that has the experience and knowledge to qualify you with the different programs that are available in today's market. My function will be to make you aware of the products you qualify for so you can make an educated decision on the mortgage that fits you financial needs.
Here are some of the mortgages in New Hampshire you might qualify for:
Home Path Program
Only Homepath Properties are Eligible (for owner occupied only)
No Appraisal required
No MI required
3% Down payment can be a gift
Credit Score is 660 to go to 97% Loan to Value
Fannie Mae 97%
3% from borrower own funds
Monthly and split MI available
Min 720 Credit Score Required
Maximum Debt to Income is 41%
3% seller concessions allowed to closing costs
FHA 96.5%
Non occupant co-borrower are allowed
3.5% down payment can be a gift from a family member
6% seller contributions to closing costs
Minimum credit score 600
203K Streamline FHA
3.5% down payment can be a gift
Finance non structural repairs/improvements up to $35,000
Minimum Credit Score 640
USDA 100%
Maximum Debt to Income Ratio is 45%
Minimum Credit Score 640
No Monthly PMI
Roll in closing costs up to Appraised Value of Property
Geographic and Income Restrictions
VA 100%
Funding fee determined by veteran status, can be financed
Borrower must be a veteran or currently in the military
No Monthly PMI
Minimum 620 Credit Score Required
You can see there are quite a few choices for you to get help in Qualifying for a Mortgage in New Hampshire?
I will need to look at your financial documentation to see what What Mortgages you do Qualify for in New Hampshire. The three important qualifications are your credit scores, your work history and how much earnings you can show. Once I get that information I will be able to fit you into what mortgages that you qualify for. I will be able to tell you the benefits of each and then allow you to make the decision on what mortgage fits your financial needs.
I can also work with you as a home buyer in New Hampshire. If you are not quite ready to purchase I can offer advice to put you in a better position to buy when the time is right for you to purchase. I have worked with many of my clients and now they are in their home. I can also offer you a referral of a Real Estate agent that will find you a great home for a fair price. As a team we can work together to make your home buying a nice experience.
Please give me a call. There is no obligation. I will be glad to discuss your options. You can take advantage of my many years experience to understand your buying situation.
Dan Casale (603)560-0417
dancasale@saramortgage.com
NMLS #20240
SARA Mortgage & Financials LLC NMLS #1340
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