Helping Establish Roots has a resource that can provide you with funding for your new home!
With options for those with credit scores as low as 500.
Find out which option would be best for you.
FHA Loans *Min Credit Score 580 or 500 with 10%
o Only 3.5% required as down payment
o 3.5% down payment can be a gift from family member
o Very competitive rates
*Minimum Credit Score 620
o Down payment options as lows as 3%
o Investment Properties & Second Homes allowed
o Fixed & Arm Loan Options Available
o No funding fee
o Monthly Mortgage Insurance vary by credit score and loan to value
o First-time home-buyer, discounted Mortgage Insurance available
* Sub 640 Credit score programs available
Great option for self-employed or borrowers falling outside of standard guidelines.
o Up to 95% LTV on purchases with no mortgage insurance
o Cash out refinances up to 80% LTV
o Bank statement, asset depletion, investment property qualifying based on rents, non‐warrantable
condo’s, foreign national and recent credit event programs available
o Simple Interest Credit Lines (For refinances and purchases in first position)
Pull your credit report and get your score
The first step is to understand your credit report, where you are and where you need to be. Allow the lender to start this process for you. If you haven't already.
-Real Estate Agent Information
Brooke Carlton 520.261.6926
Apply and find your best option
Options will be provided to you depending on various factors. You will speak with a lender to confirm your best option. You will then schedule showings with Licensed REALTOR® Brooke Carlton.
Once a home is identified an offer will be placed on the home you select and the buying process begins!