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Jump Start - 100% FHA Financing
Are you considering buying a home but need a JUMP START? We now offer 100% FHA financing for eligible homebuyers – meaning you could put ZERO down with an FHA loan.
The best part? You DO NOT have to be a first-time homebuyer or have perfect credit to qualify.
Here’s how it works:
Eligible homebuyers receive an FHA loan with a second Down Payment Assistance (DPA) loan for 3.5% of the sales price or appraised value to cover the down payment requirement – or to help with closing costs.
Enjoy flexible options for the second loan – Forgivable, interest free with no monthly payments OR amortized for 10 years.
Eligibility requirements:
Additional restrictions and guidelines apply. The information contained herein (including but not limited to any description of Advertised Mortgage Company, its affiliates and its lending programs and products, eligibility criteria, interest rates, fees and all other loan terms) is subject to change without notice. This is not a commitment to lend.
The best part? You DO NOT have to be a first-time homebuyer or have perfect credit to qualify.
Here’s how it works:
Eligible homebuyers receive an FHA loan with a second Down Payment Assistance (DPA) loan for 3.5% of the sales price or appraised value to cover the down payment requirement – or to help with closing costs.
Enjoy flexible options for the second loan – Forgivable, interest free with no monthly payments OR amortized for 10 years.
Eligibility requirements:
- NO First-time Homebuyer requirement.
- NO Household income limits.
- Low credit requirement (Minimum of 620).
- Flexible DTI requirement.
- Homebuyer Education required.
Additional restrictions and guidelines apply. The information contained herein (including but not limited to any description of Advertised Mortgage Company, its affiliates and its lending programs and products, eligibility criteria, interest rates, fees and all other loan terms) is subject to change without notice. This is not a commitment to lend.