Lowest down payment option, the 3% DOWN PMT Program has become the solution to buyers with low credit and limited funds for closing...
The 3% DOWN PMT Program enables buyers more cash available after closing compared to traditional conventional home loans. The total amount of down payment required is 3% of the purchase price.
The 3% DOWN PMT Program features:
- Great low rates.
- Closings of 30 days or less.
- Available with no monthly Mortgage Insurance.
- 97% LTV - 3% equity for your borrower.
- FICO score of 620.
- Interested party contribution of 3%.
- Automated Underwriting findings will now set max DTI.
The 3% DOWN PMT Program requires borrowers to verify their eligibility based on the property that will be purchased.
Lenders must determine borrower/loan eligibility following the Selling Guide policy. In the event of any conflict with this document, the Selling Guide and DU findings will govern.
Do not wait any longer and find out how much loan you can get Pre-Approved.
If you are looking for a low down payment home loan program, Clear Lending can help you with The 3% Down Payment Program. Simply complete our secure and encrypted Pre-Approval Form online, and we will contact you right away to review the best options for you.
Not all applicants will qualify. This advertisement is not an offer for an extension of credit. Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers. Programs rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines and program guidelines and are subject to change without notice. Some restrictions may apply.
FROM GOOGLE: I just want to thank Joan G. for an excellent job on our loan. This was our first home and the experience was great. He was very knowledgeable with all the different types of home loans. Joan explain the whole loan process clearly and how your credit works to get the loan. When it came to closing on the house all the paperwork was done properly with less stress on us. I would recommend using Joan G. at Clear Leading for your house and loans.
Our experience with Clear Lending was undoubtedly one of the best. At first, we thought it was impossible to buy a house, but with the help of Joan and his team, our dream came true. If in doubt call them they are always available. Even a friend who was in my case already got her first home. THANK YOU!!!
Great company, great service and great results. I am very satisfied with the level and quality of service. I can tell these people know what they are doing.