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.
Excellent Loan Officer!!! Joan Gallardo works fast and gives his best effort to his clients. A very polite man that always answers your questions. I Really Recommend him to anyone. God Bless You.
Clear Lending was with me every step of the way in my home loan process. When I had a question about the small details of my loan, they was there to answer any and all of my questions. Thank you especially to Joan & Patricia , who worked hard me achieve my goal of buying my Home. I will absolutely be recommending Clear Lending to my friends and family.
Muchas gracias clear lending por la ayuda, entrega y paciencia hasta conseguirme el prestamo hipotecario. Tras dos intentos fallidos doy gracias a Dios les encontre para intentar nuevamente y con exito lograr lo que nuestra familia tanto deseaba. Es una gran felicidad la estabilidad que uno siente al final del dia cuando llega a casa y ustedes han sido los artifices de este logro. Gracias por todo y no duden que les recondare a quien necesite una ayuda de verdad. Heriberto.