20 % Down Payment

Full Documentation of Income and Assets

Requires a Credit Score >740 Minimum

Property Must be Rock Solid Condition

These loans allow for the least amount out of pocket on your part as the buyer.  Typically the Realtor will write your offer to purchase in the contract requiring the Seller to pay all of your closing costs. 

*Note...there is a limit of 3% of the sales price that the Seller is allowed to pay so if your closing costs exceed an amount equal to  3% of the sales price you'll be on your own for the rest.

30% Down Payment

Full Documentation of Income and Assets

Requires a Credit Score >680 Minimum

Property Must be Rock Solid Condition

Property Must Have 12 Mos. Seasoning (no flips)

Typically the Realtor will write your offer to purchase in the contract requiring the Seller to pay all of your closing costs. 

*Note...there is a limit of 6% of the sales price that the Seller is allowed to pay so if your closing costs exceed an amount equal to  6% of the sales price you'll be on your own for the rest.