No Declinning Market problems in Florida
Low 3% downpayment.
Non-occupant, co-borrower is permitted.
Expanded qualifying ratios.
No prepayment penalties.
Fast Underwriting with our Automated system
Non-credit qualifying, streamline refinances.
Availability: in all areas of the country, provided a market exists for the property and the home meets HUD's minimum property standards.
Versatility: may be used to purchase or refinance a new or existing one- to four-family home in urban and rural areas, including manufactured homes on permanent foundations.
Adaptability: typically offered at terms of 15 or 30 years.
Negotiability: interest rates are negotiated between the borrower and lender.