We just rolled out a new loan program I wanted to tell you about.
It’s a 1% down Conventional loan. …and, the 1% down can be a gift.
Few things you need to know about this program…
1) Requires a 700 credit score.
2) Max 43% debt to income ratio.
3) There are income limits (you can make too much money for this program), so we will have to look at the Area Median Income Limit for your area.
This program is a nice alternative to USDA because you aren’t restricted geographically on where you can purchase.
If you are interested in this program please give me a call or shoot me an email.
That’s it for today!
Have a good day! …and thanks for reading.
Brett
If two people own real estate that they have mortgaged in a joint tenancy, and one of them dies, does the estate of the deceased have to contribute to the mortgage, or does the surviving joint tenant have to pay it all? www.loanyantra.com
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