This past week, I signed up with a new lending partner because they offer a very useful portfolio mortgage product: 100% financing.

How to Qualify for 100% Financing

Here are the qualifying criteria:

• Purchase only
• Maximum qualifying incoming in the DMV – $122,000/year
• Single-family homes, townhouses, and condominiums
• Minimum credit score 620
• You do not need to be a first-time homebuyer

Financing Structure

The structure of the financing is:

• 80% first mortgage: 30-year fixed
• 20% second mortgage (can be less than 20% if the client prefers) 30-year fixed rate at the same rate as the first mortgage
• No mortgage insurance

I am so excited to have this program to help more of my clients purchase a home. Please contact me for additional information.