Provide qualified borrowers an affordable, stable homeownership solution by offering:
-Loans to qualified FTHB, low-to-moderate income borrowers and other underserved markets
-No minimum down payment for qualified borrowers
-Up to 100% LTV and 105% CLTV
-Non-traditional credit to those who need flexible credit options
-Flexibility to use cash-on-hand for down payment and closing costs
-Flexible options for sources of income
-Up to 6% seller contributions on loans between 90.01-100% LTV
-Lower initial monthly payments with optional temporary subsidy buydown plan
-Fixed rates up to 40-year terms and adjustable rate mortgages (ARMS)
-Low mortgage insurance (MI) coverage – maximum of 20%
-Interest only option available on 30 and 40 year fixed mortgages and 5/1 adjustable rate mortgage
Email to ask me more! andre@pmcmortgageloans.com