Loan Parameters:

• Minimum Down Payment 10.1% of the sales price
• Loan amount for refinance, up to 89.9% of the value of the home
• 680 Minimum Credit Score.
• Loan amounts from $200,000 to $647,200.00
• Fixed rates and terms
• No prepayment penalties to pay extra or early
• Purchase transaction and or refinance of primary residence or Second home
• Citizen, permanent resident or Work Visas are allowed
• Full documentation using tax returns and w2’s or 1099’s
• Escrows required, taxes and insurance must be included in the monthly payment
• Gift Funds for a relative are allowed
• Home must be livable
• Debt to income ratios, up to 45%
• Seller Contributions up to 3% of the loan amount.
• Recently renovated home, new construction or older home is allowed.
• Single family residence only