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Option Arm Manage your Mortgage!
Interest Only Mortgage
First Time Mortgage
time mortgage products are my specialty. Here are first time mortgage products allowing you to buy a home with a low or no down
allow more debt than "conventional" loans making homeownership
possible. Email any questions on your
mortgage. I have included a page on calculating first
time mortgage ratios. Read more about First time
- FHA Often the best
choice in first time mortgage programs.
- Aggressive Home Loan - FHA clone
first time mortgage allows 3% down payment to $417,000
- Neighborhood Advantage 100%
first time mortgage. Requires good credit
and has some income restrictions.
- No down payment loan - First time
mortgage program allows 100% financing.
- Nehemiah Foundation Program No down payment
first time mortgage
Standard FHA underwriting guidelines.
- Nehemiah Conventional Program - Higher loan limits
on your first time mortgage. 102% financing 1% downpayment.
- VA 100% to $417,000 including VA Funding Fee. An
excellent first time mortgage
80/20 No money down combination first time mortgage program.
- CreditFlex 97 97% LTV requires 1%
Remaining funds may be gift/loan with closing costs financed.
- Option Arms- A new series of arms
offering extremely low minimum payments and 40 year terms. To 95% with Lender
Paid Mortgage Insurance
- Homebuyer's 107% LTV - 107% LTV. Purchase
or refinance and finance the sales price, closing costs, and reduce your
consumer debt all in one loan
- 103% LTV Program 30 year fixed
rate or 7 year ARM program finances sales price and closing costs.
- Combination financing - to 95% combined LTV. Referred to as
80/15/5 or 80/10/10. Eliminate Mortgage Insurance and maximize your tax
- Teacher-Flex - Special program for
teachers and school employees
- Interest Only Mortgages- Offer low
payments and flexibility. You may qualify for more home than you think!
I am seeing more first time homebuyers evaluating an interest
only approach to help you qualify for a larger loan or to reduce your
I have included a page on first
requirements. I also have a Free report "Buying
your First Home" available by email.
Here is a short PowerPoint presentation for
first time buyers
The list gives
you an idea of the variety of low down payment loans available. Please let
me know your situation and I will prequalify you for several loans.
Learn more about improving your credit
As a Certified Mortgage
Planning Specialist, I offer an analysis of
your situation today can make suggestions on how small changes in how
your consumer and mortgage debt is structured today can have a life changing effect in the years
to come. Read more
about this free, no obligation service.
Prequalify for your