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    Not just for first-time buyers!

     

     

    • Maximum Loan Amount - $271,050
    • 3.5% minimum down payment
    • Cash assistance to qualified first- time borrowers - Local county grant programs
    • Gifts allowed from relatives for down payment and closing costs
    • Must be owner occupied
    • 30 and 15 year loans, ARM loans also available
    • Upfront mortgage insurance can be financed into loan (1.75% of loan amount)
    • Monthly mortgage insurance (up to 1.35% of base loan amount, varies based on term and LTV)