(909) 373-1960 Ext.233
FIRST CHOICE MOTRGAGE
Proudly Presents Community Program
We have partnered with a lender that supports us with the following Program:
Financing to 100% LTV One Loan
Max loan amount $417,000 and no minimum LTV
What's needed to qualify for Our Community Program:
1. Borrowers on the loan must make less than $72,400 annually, or If property is determined to be within a pre-selected neighborhood, there is no income cap.
No Pre-payment penalty!
2. Property must be a SFR, or 3-4 units are allow up to 97%
3. Loan must be a purchase or a rate and term refi - NO CASH OUT ALLOWED
4. Borrower cannot own any other real estate property at time of closing
5. First Time Home Buyers welcomed, without restrictions! Minimum credit score 575. No Max DTI, no specified reserve requirement.
PLEASE NOTE THIS PROGRAM IS FOR BORROWERS WITH LIMITED CREDIT, NOT BAD CREDIT.
6% Seller contribution allowed (Interest only requires a 620 FICO)
Please call Miguel at 909-373-1960 ext. 233
Allow us to assist you with the financing of your home, be it purchase or refi
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