Product BasicsThis is NOT limited to 1st time home buyers.
680 FICO Minimum score.
45% Maximum back end DTI Ratio.
Seller Concessions up to 3%.
100% Gift Allowed for the 3% down payment.
This is ONE LOAN with NO M.I. (private mortgage insurance).
When wanting to purchase a home, most people think that you need a minimum 20% down payment – not anymore. 5280 Financial Group, Inc. only requires buyers to put down 3% and that 3% can be gifted. Another great thing about this program is that its One Loan with NO M.I. – that’s right, you don’t have to pay that ugly private mortgage insurance like you do on most loans over 80% loan to value.
Call us today at 303.634.2271 and talk with one of our highly qualified mortgage consultants or simply fill out the Ask a Professional and someone will gt back to you within 24 hours.