100% Financing to $750,000
100% Financing is available for purchases up to $750,000 by a Federally Chartered Credit Union which is easy for anyone to join.
- 100% LTV single loan with mortgage insurance available to $424,100
- 100% CLTV (80/20 Combo loans) with No Mortgage Insurance available to $750,000
- ARM and Fixed Rate Pricing at Very Competetive Rates
- No Mortgage Insurance
- Low Cash Reserve Requirements
- Single Family Detached and Attached PUDs (Townhomes)
100% CLTV financing available to $750,000
This is a great program for borrowers with strong credit (typically 740 and above) who've owned a home within the past three years. Loan amounts greater than $424,100 are not available to first time homebuyers putting down less than 5%.
Borrowers must show cash reserves available after closing. Funds in stocks, savings or retirements accounts count towards reserve requirements.
100% LTV conforming loan amounts available to $424,100
Requires strong credit, typically scores of 720 or better and is available to first-time homebuyers. Due to the lower loan amounts in the conforming range there is more flexibility on credit scores for this program.
These programs are currently available in the following states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Maine, Maryland, Massachusetts, Minnesota, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, Washington D.C.
To learn more about the requirements for these programs please complete the below request form below and a licensed representative will contact you very quickly.