Wednesday, August 25, 2010

We Allow You To Use Gifts For Down Payment On These Loans...

Good Morning!


Did you realize that we allow gifts on non government insured loans (including jumbos!) up to 85% Combined Loan To Value Ratios?



Many people don't realize that this is possible. You can actually get a gift for the down payment on loan amounts above the conforming limits ($417,000). ...This is true up to $800,000 for this program.



Remember, the max combined loan to value ratio for these loans caps out at 85%.



...Oh, I'm coming out with a new program next week that will help you reduce your out of pocket cash the next time you purchase a home. ...Be on the lookout for it!



That's it for today!

Thanks for reading and have a great day!




Brett

No comments:

Post a Comment