ADDING MORE PURCHASE OPTIONS…
- FHA and VA down to a 500 Credit Score (Must meet satisfactory credit guidelines which are defined in the chart below. This means we are allowed no thirty-day late payments in the last 12 months for housing and installment but allowed 2 thirty-day lates in the last 2 years for housing and installment. We are allowed a max of 2 sixty-day late payments for revolving in the last 12 months. 30-day lates don’t matter for revolving. Lates over 1 year old for revolving don’t matter. Medical Lates don’t matter. Lates on charged off/Collection accounts do matter.) FHA Score 500-579 Require 10% Down Payment. 580+ Score Require 3.5% Down Payment. VA 100% Financing
- Down Payment Assistance Programs (DPA) (Grants)
- Higher than normal DTI (Debt-to-Income) with DU/LP Approval
- Manufactured Homes (Single/Doublewide) Must include land.
- USDA down to a 580 Credit Score
- Self-Employed Programs (No Tax Returns Needed) 12 Months Bank Statement (Up to 90% LTV depending on credit score) 2 Years Self-Employed
- FHA/VA/USDA/Conventional Renovations Loans
- Property Investor Loans (DSCR- No income documentation need)
- Jumbo Loans up to 90% LTV (Loan to Value)
- Medical Field Programs
- HELOC Options available down to a 640 Credit score
- Buydown Options
- ITIN and Foreign National Loans
- Work Visa, Student Visas, EAD Card, DACA to 80% LTV – no credit required.
- Non-Warrantable Condos and Condotels OK
- Construction To Perm Loans (One Time Close)
- FHA/VA (NO SCORE) Still get max financing. (Must have non-traditional tradelines reporting for at least 12 months, at least one has to be housing related.)
- Bridge Loans
No down doctor loans
First Time Home Buyers – No Down Payment or Costs
Special Loans for police, fire, medical Clients
Adjustable Loans
Shorter Loan Terms – 10, 15, 20, 25 years
Piggyback Second Loans to avoid PMI
buying into a Trust
Buying a Home in Probate
Senior loans, downsize home and buy with no house payment
buy land and build modular
buy and flip homes
buy rental and turn into airbnb
add a rental each 2 years
Lease Option – take over in 2 years