- May 27, 2015
- Posted by: AGreer
- Category: Loan Programs
Gift funds, seller contributions, and community second allowed for no out-of-pocket costs. Buy a home without draining your savings account. This attractive 97% LTV home loan purchase program requires only 3% down, which can come from gift funds or community seconds.
-“All gift” down payment allowed from acceptable gift donor
-Community second and seller contributions allowed
-Credit scores as low as 620
-No mortgage insurance option available