Loan Programs: STANDARD PROGRAMS FHA 3.5% minimum down payment Loan terms 10-30 years Fixed and adjustable rates available
Credit scores down to 500 accepted, co-applicants allowed
VA(ACTIVE, RESERVE, RETIRED) No downpayment or mortgage insurance No minimum credit score Limited closing costs, no early payoff penalty, funding fee waived for Disabled Veterans (>1% - 10%) High balance loans allowed, no maximum loan amount CONVENTIONAL Down payment as low as 3% with Home Possible and HomeReady Loan terms 10-30 years
620 minimum credit score required Fixed and adjustable rates available
USDA - RURAL DEVELOPMENT No down payment required, closing costs can sometimes be financed into the loan amount 30-year fixed-rate mortgage with no max loan amount (based on ability to qualify) Must meet property eligibility and income requirements
CCM CUSTOM PRODUCTS BYE-BYE PMI
Conventional mortgage for as little as 15% down without PMI
CCM SMART START Buyer puts 1% down – we’ll cover 2% (up to $4,000) Additional funds for eligible buyers up to $5,250 Fully forgivable grant
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