Getting a 100%
mortgage loan is not difficult if you have fair credit. Having enough
money to close a real estate loan is a major problem, however you can
purchase real estate, with no money down home loans!
100%
home loans 80/20 programs
Alliance offers
one of the most competitive 100% financing
Minimum 680
fico score required few 650 in some states.
Great FHA alternative
financing -no county income limits.
100% home loans
80/20 upto 1,500,000 owner occupied SFR
80/20 COMBO
loan 80% 1st and a 20% second mortgage.
No mortgage
insurance, impounds or reserves.
Great equity builder
as second mortgage loan gets paid off faster.
Some closing costs
can be paid by seller.
103%
Loan to Value
100% of the
purchase price financed. No down payment needed.
Closing costs
up to 3% can be financed.
Fico scores
700 +
Fixed rate
30 year home loan
100%
Stated income home loans/mortgages
Minimum 720 fico
scores required
2/28
and 3/27 mortgages
No
mortgage insurance
100%
Second home loans and mortgages -
100%
stand alone second home loans for cash out refinances.
Minimum
fico scores 720 and above
Fully
amortized 15 years
Some
seconds loans can be stated income as well.
Cash
out refinaces are available in Texas.
95%
Stated income home loans/mortgages
Excellent
program for self-employed.
Minimum fico scores
680
COMBO
loan typically a 80% 1st mortgage and a 15% second.
These loans are FICO dependent.Your debt ratios must
not exceed 50%, on some loans and "A-" credit
ranking needed.
