
Preferred Mortgage Lender
No Downpayment~FHA Loan
If you're in the market for mortgage financing with no downpayment required, we have our preferred lender. FHA loans usually require 3.5% of the purchase price for a downpayment. That requires several thousands of dollars out of pocket, including closing costs which can become a financial barrier for most first-time homebuyers looking to enter homeownership. That is no longer an issue with in-house down payment assistance with our preferred mortgage lender.
Pros
No Downpayment
Credit score min 640
Up to $131,000 a year income to qualify
Student Loan payments debt payment reduced