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Low Fee - $250 |
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Just one form to fill out |
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Gift funds up to $50,000 - not just 3% |
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Compatible with FHA/VA and many other loan programs |
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Gift funds may be used towards closing costs and/or to buy down the rate |
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No downpayment requirements - no cash investment required by borrowers |
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No income restrictions |
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No asset requirements |
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No reserve requirements |
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No registrations required by the realtor, lender or closing agent |
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No homebuyer education required |
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No geographic boundaries in the United States |
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No extra qualifying required when approved by lender |
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No underwriting or credit checks |
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No recapture clauses - the buyer never needs to pay it back |
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No property Inspections, certifications or homeowner's warranties required |
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Sellers can market their properties to more potential buyers |
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Homes can sell 25% faster than properties that require a down payment |
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Referral Network - Area applicants referred to lender and realtor participants |
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Great fast service - same day funding with receipt of paperwork before 12:00 noon CST |
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Downloads - all forms available on Internet |
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Online or fax application |
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