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Do you need 100% financing? Don't have down payment required for FHA and Conventional loans? Leverage Lending Group, LLC offers competitive 30 year fixed rates and no expensive monthly mortgage insurance allows you affordable payments. No down payment and no cash reserve requirements helps you get into a new home. No maximum purchase price or mortgage limit.
ü No monthly mortgage insurance (MI).
ü Maximum loan amount is the appraised value plus a one time guarantee fee of 2% (up to 102% loan to value).
ü No cash contribution or cash reserves required from applicant.
ü Unrestricted gifts, no need to document source.
ü Non-traditional credit may substitute for lack of traditional credit history.
ü Better rates than Conventional and FHA!.
ü Not limited to first-time home buyers.
ü Agency guarantee commitments are issued within 1-2 business days of receipt of the complete package.
ü Occupy the property as your primary residence.
ü Do not have sufficient cash for a 20% down payment plus pay typical loan closing and relocation expenses.
ü Be a U.S. citizen, a U.S. non-citizen national or a “qualified alien”.
ü Have a credit history that indicates a willingness to meet obligations as they become due.
ü Purchase a residential property that is within a Rural Development eligible area.
Call your local USDA Mortgage Representative: Leverage Lending Group, LLC
* Only available in specific counties.
CLICK HERE TO GET A FREE RATE QUOTE
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