FHA Purchase 3.5% Down

FHA Purchase 3.5% Down

Program details:

Available for:

  • Purchase
  • Rate / Term
  • Cash out refinance

Terms:     15, 20, 25, 30 year fixed

Residence Types:

  • Primary residence only
  • 1 unit single family
  • Approved condos and PUDs

Ineligible Property:

  • Investment properties
  • Multi-Unit Housing
  • Manufactured housing
  • Second homes
  • Non-Approved Condos
  • New Construction (never been occupied)
  • Any property in a Coastal Barrier Area

Loan Amount:     FHA’s Max County limit up to the High Balance amount

Max LTV:

  • 96.5% for Purchase
  • 97.75% for Rate / Term refinance
  • 85% for Cash Out refinance

Min FICO: 660

[m id=”tabs” topic=”FHA Purchase”][learn_more caption=”Lending Territories”] [m id=”lending-territories” service=”FHA Purchase Loans”][/learn_more]