FAIL (the browser should render some flash content, not this).
FAIL (the browser should render some flash content, not this).
               


Steps to Take Before Getting a Home Loan

3 steps to take before applying for a home loan

1. Get your credit in shape.
2. Organize your documents.
3. Check your budget.

Taking care of these items will not only help you move through the mortgage process more efficiently, it will also ensure that you are eligible for the best rates and programs available.


 



  • Finance up to 96.50% of the purchase price
  • Minimum 3 1/2% down payment
  • Down payment can be a gift from a family member
  • Seller can pay up to 3% of closing costs

  • Finance up to 95% of the purchase price
  • Higher credit scores required
  • Seller can pay up to 3% of closing costs with 5% down payment
  • Seller can pay up to 6% of closing costs with 10% down payment
  • Seller can pay up to 9% of closing costs with 25% down payment
  • Program is best suited for borrower with a 20% down payment