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    95% to 103% home loans 80/20 Home Mortgages

    Getting a 100% mortgage loan is not difficult if you have some credit.. Having enough money to close a real estate loan is a major problem, however you can still purchase real estate, with no or little money down.

    100% home loans 80/20

    • Alliance offers one of the most competitive 100% financing
    • Minimum 720 fico score required few 680 in some states.
    • Great FHA alternative financing
    • 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

    • 103 % of the purchase price financed. No down payment needed.
    • Non declining markets only.
    • Closing costs up to 3% can be financed.
    • Fico scores 680+ Fico scores 620+ Maximum 95% First
    • Fixed rate 30 year home loan.
      95%- 105% My community programs
    • MCM Suite of lending programs offered by Fannie Mae
    • 97% LTV for low to moderate income borrowers
    • 105% CLTVs allowed with Fannie Mae Second
    • 3-4 units properties available
    • Declining markets lower LTVs by 5%
    • Minimum Ficos 620- 680


      95%- 105% Home Possible program
    • HPM Suite of lending programs offered by Freddie Mac.
    • 97% LTV for low to moderate income borrowers.
    • HPM loans as high as 97% LTV with 105 % CLTV
    • 3-4 unit properties allowed.
    • Minimum Ficos 620- 680
    • Declining markets lower LTVs by 5%

    97%FHA home loans

    • Government insured loan program with 3% down payment.
    • Loans limits from $271,050- $729,750 in major cities.
    • FHA cash out 85% for 12 month to up to 95% for 12 months.
    • Loan programs 30 year, 15 year and 5 year fixed and adjustable.
    • Minimum fico scores 580
      95 % Stated home loans/mortgages
    • Minimum 720 fico scores required
    • 2/28 and 3/27 mortgages
    • No mortgage insurance
      95 % Second home loans/mortgages
    • 95 % 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 refinances are available in Texas.
      95% Stated 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 neede


     

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