True 100%Financing/ Zero Down.

True 100% Financing / Zero Down.
100% Loan-to-Value based on Appraised Value.
Purchase Transactions: 2% upfront Guarantee Fee (may be financed).
0.40% Annual Guarantee Fee.
Closing costs can be financed into loan or can be paid through premium pricing.
Loan amounts up to $417,000.
Not just for first time home buyers.
Minimum credit score of 640 is required for all borrowers.
Flips okay: No waiver required if under 91 days.

Flips over 20% of original acquisition okay.

Borrowers must meet maximum household income requirements.

Property must be in an eligible rural area.