Mortgage Information

Expanded Approval

Expanded Approval helps borrowers with less-than-perfect credit buy a home at a competitive interest rate. In addition, the Timely Payment Rewards® feature is a rate reduction incentive to encourage borrowers to improve their creditworthiness by making their payments on time for a consecutive 24-month period, thus qualifying them for a one-time rate reduction.

Consumer Benefits

• Loan amounts up to 100% of the purchase price
• Borrowers only need to make a minimum contribution toward down payment and/or closing costs of at least $500 of their own funds (for LTVs greater than 97%), or 3% from flexible sources of funds (for LTVs over 95%)
• Potential to reduce the mortgage payment after making timely payments for a specified period, without the cost of refinancing

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Contact us today to get started, we'll work hard to find the new home loan program that will best meet your unique needs.