Mortgage Information
Flexible 97® & 100™
With a Flexible 100™ mortgage, the borrower doesn't need to make a down payment and can provide as little as $500 of their own money toward closing costs. With a Flexible 97® mortgage, the borrower can pay just 3% of the purchase price toward a down payment, and this amount can come from sources such as gifts, grants, loans from relatives or nonprofit groups; or employer-assisted housing.
Consumer Benefits
- Perfect for borrowers who have limited funds for down payment and closing costs
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