FHA Direct Loans
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FHA PROGRAM - ZERO DOWN PAYMENT
ZERO DOWN PAYMENT MAX FHA LOAN is a No Down Payment Assistance Program helps Non-First Time Borrowers obtain a 100% CLTV (Combined loan-to-value ratio) or No Down Payment and you DO NOT HAVE TO BE a FIRST-TIME HOME BUYER!
How Does Down MAX FHA WORK?
Down payment assistance programs work by helping first-time home buyers purchase homes with little or none of their own money or down payment.
MAX FHA LOAN is a down payment assistance program that helps non-first-time borrowers obtain a 100% CLTV (Combined loan-to-value ratio) or ZERO DOWN PAYMENT
100% CLTV FHA Loan (Combines 1st and Subordinate Lien)
2nd lien with an interest rate 2% greater than 1st lien
Payment amortized over 10 years
Monthly payments required
600 Minimum FICO
Borrower’s minimum contribution of $0.00
RIMARY HOME PURCHASE ONLYP
You do not have to be a first time home buyer!
Loan amount to Conforming limits