Our Destination Home program is a great tool for high ltv conventional financing. This program's features include 97% LTV, conventional, NO DECLINING MARKET, NO PMI, with low fixed rates. To qualify the borrower must be purchasing a primary residence in either a low to moderate income census tract or make less than 80% of the median household income where they are buying. If the borrower fits in either one of those categories, this loan is a great tool in helping achieve home ownership.
This loan is perfect if:
- You only want to put down 3%
- You don't want to pay PMI
- You are buying in what is deemed to be a declining market
- You are having a hard time with an FHA appraisal
Call me or email me for more details
Senior Loan Officer with over 7 years experience in the mortgage business. I work mainly in Northern Lake County but can do loans in all 50 states. Purchase, Refinance, Debt consolidation...
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