- No down payment
- Great Rate Options
- Lower Credit Requirements vs other programs
- No PMI requirement
- Gift Funds are Allowed
Program Highlights
- 550 FICO with LTV to 100%
- No Cash Reserves are Required
- No Mortgage Insurance is Required
- Lower minimum credit score requirement vs other loan programs
- 6% Seller Concessions Allowed
Eligible Properties
- Single Family Detached
- Condos are Allowed
- Modular Homes are Allowed
- Leaseholds are Allowed
- PUDs are Allowed
- Rural Properties are Allowed
- Double Wide Manufactured Homes are Allowed
