Great News!!!
Income Qualified Buyers can Purchase a Primary Home with
1% Down Payment!!!
HELPS BORROWERS
- Lower down payment
- Get into a house sooner by reaching the down-payment savings goal faster
- More money for furniture, house repairs and maintenance
BORROWER QUALIFICATIONS
- INCOME: For borrowers with income at or below 80% of the Area Median Income (AMI)
- FICO: 620+
- PROGRAM: 30-year fixed loans with an LTV of 97%
- USE; Eligible for Primary Home purchases only
AMI Look-up tool. Insert ZipCode of the Property to look-up eligible Income for specific area