 |
100% Purchase in Maryland |
|
|
100% Purchase in Maryland |
The 103% Program May Still Be Available, Please Call.
|
These Guidelines Are Exactly That, "Guidelines", Please Call To Discuss Your Individual Situation We Are Here To Help! in Maryland!!! One Loan...Low, Low Rates Seller Can Pay 3% to 6% of Closing Costs And/ Or Prepaids Our 100%
program is a purchase money only program that allows the borrower to finance
100% of the lesser of the purchase price or appraised value.
Qualifying debt to income ratios are determined by the automated underwriting
system. We have seen approvals with a total debt ratio of 64%.
This requires a minimum middle credit score ??? (no set minimum, but less
than 600 may not qualify). It is only for borrowers with established
credit.
Our NO MONEY DOWN 100% Program: Automated underwriting means FAST Approval! Usually the same day! Two Programs: One Has Income Limits, Other Has No Income Limits! Owner Occupied Only...Single Family, PUDs, Town homes, & Condos Seller concessions of 3% to 6% allowed which may include pre paids (except interest). Depends On Loan Program, call. First Time Home Buyers Allowed Standard employment history (usually 2 years same job or line of work) Bankruptcy discharged over 5 years ago okay Other Guidelines Apply, Call Burt Jamison, FSBO Financing Specialist For Current Rates and Details... Apply By Phone! Burton Jamison
|