ZERO DOWN LOAN= 97% Conventional loan with 3% Chdap silent second=100% Loan
- First is a conventional loan
- Second is a Chdap down payment assistance loan.
- Below market rate interest.
- Interest and principal deferred till first becomes due
- 2nd loan not considered for qualification.
- Borrower must meet both conventional and Chdap guidelines
- Minimum fico 640
- One unit principal residence only.
- No manufactured homes
- First loan is automated underwriting only
- Max dti 43%
5 Quick Ways to Connect immediately
- Send Direct Message on our Facebook page
- 24/7 Online Scheduling 15 minute phone call with Loan Officer
- SMS 925 268 0640
- Email: [email protected]
- Toll Free Call 866 280 0020 (Between 09:00 am to 5 pm Monday to Friday)