100% Conforming Loan is BACK!

I am pleased to announce that I am able to offer a conforming loan with no money down!

This is the My Community 100/FLEX 100 program coupled with a Communitysecond mortgage.  This is a 92% LTV 1st mortgage with a 8% LTV second.  These loans are only available in Minnesota and Wisconsin and require a 680 credit score.

Program Highlights

 One or Two Unit Owner Occupied

o Single or Two Family Residences, Condominiums or PUDs

 Loan must receive Approve/Eligible recommendation from DU.

Manual underwriting is not accepted under this program. Expanded

Approval loans are not allowed.

 Borrower may not own any other real property as of the mortgage

closing date.

 Non-occupant co-borrowers are not allowed.

 Non-traditional credit is not allowed.

 DTI can not exceed 45% regardless of DU findings. No exceptions

 Borrower must have a minimum 1 month' PITI in reserve after

closing of their own funds.

Please call or email me to learn more about this program.

Sincerely,

Luke Carrier

952-908-9430