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Enjoy the benefits of owning your own home sooner than you think. With lower down payment requirements, flexible repayment terms and down payment assistance eligibility.
Here are just a few of the features of this program:
- Up to 97% financing (LTV) available in designated areas; 105% TLTV1
- Maximum loan amount of $417,000; no minimum loan amount
- 15 or 30 year fixed rate loan terms for primary residences
- Minimum credit score of 660 required
- Allowable seller contributions up to 4% of the purchase price of the home (for LTVs greater than 90%)
- 3% borrower contribution required; however, only $500 from own funds, remainder may come from an acceptable source
- No mortgage insurance required
- Income limits apply UNLESS property is located in a low or moderate census tract
Contact us today at 813-873-2537 for more information!
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