Our No Money Down program is a purchase money only program that allows the borrower to finance 100% of the lesser of the purchase price or appraised value.  Qualifying debt to income ratios 50%.  This requires a minimum middle credit score of 600, it is for borrowers with established credit and allows some pervious late payments.

Automated underwriting means FAST Approval!  Usually the same day!

No Income Limits!

Owner Occupied Only...Single Family, PUDs, Townhomes, & Condos

Seller concessions of 3% to 6% allowed which may include pre paids.

First Time Homebuyers Allowed

12 month rental history NOT required

Standard employment history

Bankruptcy discharged over 5 years ago okay

No reserves*
*a reserve is money that must be verified by a bank or similar statement.

Other Guidelines Apply, Call Tom Gairy, FSBO Financing Specialist For Current Rates and Details...  Apply By Phone!