5% Down Conventional 100% Gift Allowed

By
Mortgage and Lending with Bay to Bay Lending, LLC NMLS 343112

Bay to Bay Lending has access to a great loan program for first time buyers - FHA is not their only option.

Withi this conventional product the required 5% down payment can be gifted.  With the right combination of seller paid costs and our lender rebates most of the buyers costs are covered.

 

95%LTV

620 Score

50% DTI

All 5% can be a gift

3% Seller concessions allowed

On Second Homes borrower needs 5% into deal. The rest may be a gift! Up to 90% LTV

 

Yes – The gift funds may be used for reserves also J

 

DO YOU HAVE A DEAL LIKE THIS????

 

For more information about this loan product please give Tony Marra with Bay to Bay Lending a call.  He can be reached at 813-842-7999

 

Prequals Anytime - Day or night, weekends and holidays.

My team is ready to make your life easy.   Learb more at www.TampaMortgageHome.com

 

Tony Marra

Senior Banker

NMLS 343112

813-842-7999

Tony@BaytoBayLending.com

 

 

Comments (0)