Declining markets, tougher guidelines, and appraisal problems. It may be tough but it is not the end. Solutions are appearing for clients in difficult situations. Automated systems and credit scores are not the answer Wall Street thought they would be. Old fashioned TRADITONAL UNDERWRITING IS BACK. Jumbo, Conventional, FHA, VA, and even Hard Money lenders are participating. People who want to buy a home, but have had problems in the past are now being given new opportunities to qualify.

Residential Mortgage Finance
	97% LTV for Purchases and Rate/Term Refinances
	95% LTV for Cash Outs-No Declining Market Reductions
	Scores as low as 530
	580 for Manual Underwrite
	Alternate Credit Considered
	Gifts for Down Payment OK
	6% Seller Concession
	No Reserves
	Non-Occupying Co-Borrowers OK
	BK Considered After 2 Years
Looking to Build?
Try our New Construction 30 Year Fixed FHA Loan!
	Manufactured and Modular Homes O.K
	Close permanent loan before home is built
	No re-qualifying borrowers after loan has closed
	Up to 6% Seller Contribution for Borrower’s Closing Costs & Prepaids
	Interest during construction accrues only on funds advanced
	Interim construction fees and interest are rolled into the Sales Price

• FHA jumbo up to 729,750, with a matching term 2nd for down payment and closing
  
• 2nd up to 5% of sales price for down payment
  
• Underwritten like a regular FHA Loan
  
• Great FHA Plus and Conventional Rates
  
• FHA Plus must have 1% of own funds into transaction

• Program allows 100% in most counties with a minimum $1000 contribution
  
• Purchaser must have a minimum of $1000 of their own funds
  
• 5 year forgivable loan

• Have personal funds to cover 3% of the purchase price of a selected house or a minimum of $500 toward the purchase of a selected house.

• VA allows up to $729,270
  
• All closing costs can be paid and seller can pay some debts to qualify
  
• Even Ineligible veterans may now qualify!!!
  

• For properties located in Rural Development eligible areas
• Buyer must demonstrate steady and dependable income
• Allow up to 100% financing. No loan limit!!!
• Income must fall within guidelines
• Property must be owner occupied

     Someone will call you within 24 hours of receipt of the completed Client Q&A Form - Refinance on the PDF document you will get when you click here to get the Client Q&A Refinance Form.