Awesome Program for Low Income Buyers in Solano County
Total Income must not exceed 80% of Area Median Income (59,000 for Solano County)
- One loan up to 100% with NO mortgage insurance (PMI)
- No reserve requirements
- No minimum credit score- must have 3 trades with one reporting 12 months or more with no 30 day lates in past 12 months.
- Non-traditional credit- minimum 12 months rental history with no 30 day lates in past 12 months.
- Foreclosures, Reposssions and bankruptcy- call for details
- Max debt ratio 45/45 (call for ratios up to 55/55)
Call me for more detailed information about this fantastic product!