Co-op's with Subordinate Financing

By
Mortgage and Lending with Citibank, N.A. NMLS#313280

Are you looking to purchase a Co-op in DC with Subordinate financing and being told "NO"  then you should contact me.  As a Home Lending Officer at Citibank, our portfolio loan program HomeRun does allow subordinate financing such as HPAP & EHAP up to 105% combined Loan to Value with the following requirements:

  • Buyer must contribute a minimum of 3% of their own funds towards the down payment or closing cost.
  • Minimum credit score of 660
  • Maximum Loan to Value is 95%

This loan is unique to Citibank; therefore contact me for further details and to be Pre-Approved.

Sincerely,

Noel A Shepherd

NMLS #313280

 

 

Comments (0)