580-620 with debt-to-income limits
580 high balance with limits
3.5% minimum borrower
Monthly mortgage insurance required
100% gift funds allowed
Up to 6% seller contribution
*The loan program referenced is subject to Summit's program minimum FICO and underwriting requirements, which may differ from those imposed by the FHA. Summit is a private mortgage lender authorized as an approved FHA direct seller servicer. This communication is not intended to indicate FHA endorsement or approval of any loan program.
Communication was great entire time. E-sign made process very smooth
Clarence and his team made the approval process a breeze. We were first time homebuyers with no idea what we were getting ourselves into, and they kept us informed every step of the way.
Chris is great. He was so helpful!
It was relatively easy and straightforward.
Chris was very knowledgeable and was readily available, everything went very smoothly thanks to Chris.
Jon was so friendly and reassuring. He was there anytime I had a question.