- With as little as 3.5% down payment
- Non-occupying co-signers allowed
- Gift funds allowed
- Great for first-time buyers [not a requirement]
- For veterans
- 100% financing available with 0% down payment
- no monthly mortgage insurance
- loan amounts that exceed the conforming loan limits
- Streamline process, no appraisal needed and limited documentation required
- A great program for homeowners over the age of 62.
- No payments required on this loan as long as the homeowners are alive and living in the home.
- Allows homeowners to be able to pay for unexpected expenses or increase the quality of living
- 3% down silent 2nd loan to help with the down payment and/or closing costs