CONVENTIONAL LOAN PROGRAMS
FANNIE MAE CONFORMING AND HIGH BALANCE (FNMA)
• Up to 97% financing
• 100% of down payment and closing costs may be gifted
• Up to 10 financed properties
• Appraisal transferred allowed on standard conforming loan limits
FREDDIE MAC CONFORMING AND SUPER CONFORMING (FHLMC)
Up to 95% financing
Minimum FICO 620
Up to 6 financed properties
HOME AFFORDABILITY PROGRAMS
Home Ready and Home Possible are affordable low-down-payment mortgage products designed for creditworthy low- to moderate-income borrowers.
Up to 97% LTV
Up to 30-year fixed
Reduced PMI coverage
No income limit in certain areas
No first time home buyer requirement (FNMA)
HARP 2.0 LOANS
The Home Affordable Refinance Program (HARP) is a federal refinance program targets homeowners that are underwater. You may be eligible if your loan was originated on or before May 31, 2009.
For more info and eligibility requirements, go to: https://harp.gov/Eligibility or call us at (619) 786-4478 today.