Direct Lenders can offer different types of recourse loans:
Full service direct lender with no lender overlays with Stated Income loans, Conventional, Jumbo, FHA, VA, USDA, HUD Homes, My Community, Home Path, HARP2 and Hard Money to 70%.
Look for options such as:
• Down to a 620 Mid Score on FHA, VA & Conventional Financing, Down to a 640 on USDA, HomePath & HARP 2 Financing, and Non Credit Score Driven Hard Money Loans
• REO, Short Sale, Foreclosure & Probate Purchase’s
• Up to 100% Financing On VA & USDA
• Up to 97% Financing On HomePath & HomeSteps with No Appraisal Required
• No Monthly Mortgage Insurance Payments HomePath, HomeSteps & VA
• Fixed Rate, ARM & Interest Only Options Available
• Can Close Your Loan in 21 Days or Less, All Programs
* Up to 6% Seller Paid Closing Costs on FHA, VA, USDA & HomePath. Up to 3% Seller Paid Closing Costs on Conventional
* Cash Out Refinance Up to 85% LTV on FHA & Conventional and Cash Out up to 90% LTV on VA.
* Hard Money Purchase Up to 70% for Primary, Second Home and Investment Property
* Very Low Lender Fees, Very Competive Rates and Exceptional Customer Service