3% Down Purchase Program
Product Basics
[icon name=”arrow-circle-right” class=”” unprefixed_class=””] This is NOT limited to 1st time home buyers.[icon name=”arrow-circle-right” class=”” unprefixed_class=””] 680 FICO Minimum score.
[icon name=”arrow-circle-right” class=”” unprefixed_class=””] 45% Maximum back end DTI Ratio.
[icon name=”arrow-circle-right” class=”” unprefixed_class=””] Seller Concessions up to 3%.
[icon name=”arrow-circle-right” class=”” unprefixed_class=””] 100% Gift Allowed for the 3% down payment.
[icon name=”arrow-circle-right” class=”” unprefixed_class=””] 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.