A powerful loan option that offers No Down Payment options and easy qualification criteria.
With a down payment of just 3.5%, an affordable pathway to homeownership and a perfect loan for borrowers with less than perfect credit or who are unable to make a large down payment.
No Down Payment options, competitive interest rates and regulated closing costs for qualifying borrowers.
Loan limits up to $2 million, with 90% LTV, no mortgage insurance and no closing cost options available.
Fannie Mae loans designed to offer mortgages to creditworthy, low- to moderate-income borrowers with as low as 3% down payment.
Freddie Mac loans with down payments as low as 3% and designed to help first-time homebuyers and low- to moderate-income borrowers.
The most important thing to consider when looking for a home loan is how much you can afford, and a good first step is the mortgage calculator. Borrowers begin with a loan consultation to discuss the many factors lenders will consider when determining your loan amount, in addition to the appraised value of the home against which you are borrowing.
Loan types vary and a lot depends on how long it takes the borrowers to compile the information required by the lender, but the typical timeframe from start to finish is three weeks.