Requirements
What you need to get started
50%
Maximum Debt-to-Income Ratio
2%-6%
Closing cost of purchase price
Product Highlights
- Lower monthly payments
- Low down payment
- No private mortgage insurance (PMI) with 20% down payment
- No prepayment penalties
Documents Needed
- Drivers License
- W2's- Last two years
- Paystubs- Two most recent
- Bank Statements- Two months
- Tax Returns- Last two years (For self-employed only)