Loans for Manufactured Homes on Permanent Foundations

• 96.5% LTV FHA
• 100% LTV VA
• 660 FICO
• Existing Homes Only
• Permanent Foundation (1 Year Affixed)
• Assessed as Real Property (1 Year)
• SFR / PUD’s OK
• HUD Tags Required
• Only 1 Move (Dealer to Current Site)
• Structural Engineer Report Required

FNMA “HOME READY” for the First Time Homebuyer

• 97% LTV
• 620 FICO
• 50% Debt to Income Ratio
• Gift for Down Payment OK
• Lender Credit for MI
• $59,400 Max Family Income

Here is a special first time homebuyer loan program that allows a gift for the down payment and a non-borrowing occupant’s income to be counted towards the Borrowers income ratios. Unbelievable!!! Ask us how it works.

Conventional 95% LTV to $417,000

• 95% LTV
• 620 FICO
• 50% Debt to Income Ratio
• Second Home to 90% LTV
• Owner Occupied Duplex to 85% LTV
• Non Owner Occupied SFR to 80% LTV
• Lender Credit for MI

Fannie Mae has gotten very aggressive and increased their debt to income ratios and LTV’s. Your Borrower enjoys added borrowing ability. Note the 85% LTV on an owner occupied duplex. Excellent opportunity !!!