ZERO-DOWN!
(FHA) Home Loan

The lack of funds for a down payment is a major hurdle for most homebuyers. With our ZERO-DOWN (FHA) Home Loan, mortgage brokers have a unique opportunity to provide vital support and an innovative solution. 

• 600 Min. FICO
• 96.5% LTV FHA 30yr Fixed 1st combined with a 3.5% LTV 10yr Fixed 2nd
• No DTI overlay with DU approval
• No first-time homebuyer requirement
• Non-occupant co-borrowers allowed
• Conforming balance only
• 2-1 temporary buydown option available
• Product not available in MA, NY, or WA

Eligible Properties:

• • Single Family Residences
  • 2 units – LLPA applies
  • PUDs
  • Townhouses
  • Condominiums (Must not be in litigation). Must be FHA Approved
  • Double wide manufactured housing OK