With the right combination of programs, banks and mortgage consultant; you can still obtain 105% financing.
Capitalize on opportunities to meet the home financing needs of your borrowers looking for low down payments and flexible sources of funds, including first-time home buyers, and move-up borrowers.
With Our Home Possible Mortgages, you can do just that by offering your borrowers:
- Low down payments and flexible sources of funds
- Flexible credit terms, including expanded ratios
- Options for less-than-perfect credit and/or non-traditional credit
What’s more, you have even greater flexibilities to serve borrowers who work in your community—like teachers, firefighters, health care workers, law enforcement officers and military personnel—so that they can live in the communities they support so well.
More Choices to Reach More Borrowers
- Borrower Contribution not required for 1-unit Primary Residences (excluding Manufactured Homes)
- Flexible credit terms, including expanded ratios and options for borrowers with less-than-perfect credit
- Secondary financing including Affordable Seconds
- Low mortgage insurance coverage levels
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