No Down Payment Loans

No down payment loans are still available for your buyers. Our affordable home loan solution is designed to get buyers into a home with little money down. Our 97% loan allows the seller to contribute 3% towards the buyer’s down payment, and an additional 1% towards closing costs. That’s 101% total funds! This program doesn’t even require mortgage insurance, and it far outpaces FHA. If you’re having trouble getting loans closed, contact us today.

Guidelines

- Loan amounts to $417,000

- 660 minimum credit score

- Only 1 month of reserves required

- Relaxed debt ratios

- Available in 15 or 30 year fixed terms

- No mortgage insurance required

- Minimum $500 contribution from buyer