Available now at BluePoint Mortgage
Offer your clients a zero-down home loan today!
The biggest obstacle to homeownership for most first-time homebuyers is the lack of funds for a down payment.
96.5% LTV FHA 30yr Fixed 1st combined with a 3.5% LTV 10yr Fixed 2nd:
- 10-year term; 10-year amortized
- 3.5% of sales price or appraised value
- Payable upon sale, refinance, or pay-off (if prior to 10 years)
- Cannot be subordinated
- Payments are not deferred
- Product not available in MA, NY, or WA