Homebuyer 100% mortgage program
Acceptable loan purpose: Purchase
Borrower qualification Strong credit and credit score (Recommended for credit scores of 680 or greater) Two trade lines with at least two years credit history is recommended No prior bankruptcies Non-residing guarantors are not permitted. Non-residing co-borrowers are acceptable (must be an immediate family member and on title) Closing costs should be from own savings.
Documentation requirements Standard documentation requirements apply MSF may request that the lender provide a copy of the required documentation on a case-by-case basis.
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