Freedom First Program
The freedom first program provides eligible borrowers with the opportunity to finace their own home – even if their credit isn’t perfect.
Requirements for credit scores as low as 500:
Available for FHA nd VA loans
500 – 549 credit scores or borrowers who have NO credit scores
We follow Automated Underwriting (AU) guidelines with an AU approval: Maximum debt to income ration of 45% on manual underwrites
FHA borrowers with collections over $2,000 are subject to payoff or must qualify with payment
FHA and VA borrowers must complete a hoe buyer education course and provide the signed certificate
All other FHA or VA guidelines apply
I’d like the opportunity to tell you more about what Freedom Mortgage can offer you. Call me today about the Freedom First Program