100% Financing Program Highlights:
- For primary home only
- 96.5% financing
- 3.5% Down Payment Assistance (DPA)
- 0% down
- DPA completely forgivable grant after 5 years
- 640 min FICO needed
- Available for purchase only
- Up to 6% seller contribution allowed
- GIFT fund allowed
- Follows standard FHA credit guides
- 30-year fixed rate
- W2 & self-employed
DPA (Down Payment Assistance) program.
We can provide down payment assistance (DPA) to a wide range of eligible borrowers, including eligible first-time homebuyers, borrowers whose income is equal to or less than 140% of median area income, or those who make a difference in people’s lives.
DPA program provide a unique set of benefits, including:
- Assistance in the form of a grant equal to either 2% or 3.5% of an eligible FHA home purchase
- May be combined with up to 6% seller concession for closing costs
- Can be used in conjunction with many FHA Renovation products
- May help hometown heroes buy a home within the community in which they work
- No second lien on the property
- No repayment required on DPA
Even if you don’t qualify for DPA, you may qualify with as little as 3.5% to 5% down. Please reach out today and I will go above and beyond to get you a loan.
There’s no cost and no obligation to you except 15 minutes of your time! What are you waiting for?
You can book an appointment or fill out the below form and I will call you to discuss the program further.