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Low Down Payment
For a borrower seeking to achieve lower monthly payments
Freddie Mac has a number of options that can provide the
opportunity of home ownership to person’s with a variety of
circumstances. You will find in this list, a mortgage that will
fit almost any client. Utilizing these options will expand your
ability to market a far greater span of clientele.
For a borrower seeking to achieve lower monthly payments
Freddie Mac has a number of options that can provide the
opportunity of home ownership to person’s with a variety of
circumstances. You will find in this list, a mortgage that will
fit almost any client. Utilizing these options will expand your
ability to market a far greater span of clientele.
The affordable merit rate mortgage provides a variety of options for a homebuyer that may feel
limited to high cost financing. Affordable merit rate mortgage offers an incentive rate reduction
for on time payments. Borrowers will be given a four year during which they can take
advantage of one percent interest rate reduction if they make 24 consecutive payments on
time.
Alt 97 - Freddie Mac
For a borrower that has worked hard to build and maintain their credit, than Alt 97 may be very
useful. Alt 97 is designed to help out the borrower who has good credit but very little down
payment cash. With Alt 97 the borrower can have as little as a 5% down payment to qualify.
A-minus Mortgage - Freddie Mac
Loan prospector A-minus mortgage allows you to expand potential mortgages to a wider
market of borrowers including individuals with past credit problems. A-minus mortgage allows
for a variety of down payment options and rates.
Guaranteed Rural Housing Mortgages - USDA
With a guaranteed rural housing mortgage you can extend your professional reach to
underserved rural properties. GRH can benefit the borrower who has the needed income and
credit but cannot come up with a conventional down payment.
Home Possible 97 Mortgages - Freddie Mac
This mortgage plan offers flexibility on all scores. It is a likely fit for first time home buyers,
retirees, recent immigrants, low income buyers and more. This is a well rounded and highly
flexible mortgage plan.
HUD-Guaranteed Section 184 Native American Mortgages - FHA/HUD
This mortgage allows you to expand your borrowers market to include Native Americans as well
as natives of Alaska and more guaranteed through HUD.
Manufactured Homes - Freddie Mac
Mortgages on manufactured homes are a great way to expand the borrower’s ability to
purchase a home they can afford. Find out how you can take advantage of this greatly
underused market. These mortgages are written in a way that protects the home buyer from
becoming involved in a mortgage that they cannot maintain.
limited to high cost financing. Affordable merit rate mortgage offers an incentive rate reduction
for on time payments. Borrowers will be given a four year during which they can take
advantage of one percent interest rate reduction if they make 24 consecutive payments on
time.
Alt 97 - Freddie Mac
For a borrower that has worked hard to build and maintain their credit, than Alt 97 may be very
useful. Alt 97 is designed to help out the borrower who has good credit but very little down
payment cash. With Alt 97 the borrower can have as little as a 5% down payment to qualify.
A-minus Mortgage - Freddie Mac
Loan prospector A-minus mortgage allows you to expand potential mortgages to a wider
market of borrowers including individuals with past credit problems. A-minus mortgage allows
for a variety of down payment options and rates.
Guaranteed Rural Housing Mortgages - USDA
With a guaranteed rural housing mortgage you can extend your professional reach to
underserved rural properties. GRH can benefit the borrower who has the needed income and
credit but cannot come up with a conventional down payment.
Home Possible 97 Mortgages - Freddie Mac
This mortgage plan offers flexibility on all scores. It is a likely fit for first time home buyers,
retirees, recent immigrants, low income buyers and more. This is a well rounded and highly
flexible mortgage plan.
HUD-Guaranteed Section 184 Native American Mortgages - FHA/HUD
This mortgage allows you to expand your borrowers market to include Native Americans as well
as natives of Alaska and more guaranteed through HUD.
Manufactured Homes - Freddie Mac
Mortgages on manufactured homes are a great way to expand the borrower’s ability to
purchase a home they can afford. Find out how you can take advantage of this greatly
underused market. These mortgages are written in a way that protects the home buyer from
becoming involved in a mortgage that they cannot maintain.
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Information collected is not an application for credit or a mortgage loan and your request does not pre-qualify you for a
loan with any particular Lending Partner.
There is no cost to submit a request, receive loan offers or review the loan offers and talk to Lending Partners. This web
site does not charge you, the consumer, a fee for its services.
The content on our website (the "Content") is supplied in good faith using references and sources deemed reliable;
however it is published strictly on an "as-is" basis. The operator of this website and the author hereby disclaims any and
all express or implied warranties to the maximum extent permitted by law. The Content is provided for informational
purposes only and is not to be construed as financial or legal advice. Everyone's financial circumstances are unique. You
are urged to consult multiple informational sources and a professional advisor before making any decisions affecting your
personal finances.
This web site is not responsible for the accuracy of the rate, APR and loan information as it based on third-party research,
consumer and broker surveys and other published information sources.
This web site is engaged in the business of providing content for mortgage shoppers and is not acting as a your request
with Lending Partners who may have loan products available according to the criteria you submit in your request.
Information collected is not an application for credit or a mortgage loan and your request does not pre-qualify you for a
loan with any particular Lending Partner.
There is no cost to submit a request, receive loan offers or review the loan offers and talk to Lending Partners. This web
site does not charge you, the consumer, a fee for its services.
The content on our website (the "Content") is supplied in good faith using references and sources deemed reliable;
however it is published strictly on an "as-is" basis. The operator of this website and the author hereby disclaims any and
all express or implied warranties to the maximum extent permitted by law. The Content is provided for informational
purposes only and is not to be construed as financial or legal advice. Everyone's financial circumstances are unique. You
are urged to consult multiple informational sources and a professional advisor before making any decisions affecting your
personal finances.
This web site is not responsible for the accuracy of the rate, APR and loan information as it based on third-party research,
consumer and broker surveys and other published information sources.
