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.
The team was very helpful, made the process relatively stress free and was done in a timely and efficient manner.
Clint and Nikki were always very knowledgeable, kind and helpful. They were always accessible. I got an amazing loan and an amazing house. I want to use their services again to purchase a second home.
Highly recommend they took the time to help with our credit what to pay etc walked us all the way to the front door of our dream home.
That they took the time to sit down and get us and our credit where it needed to be to get approval
Clint was great to work with and alot of help getting my credit score up to achieve the goal of becoming first time home owners
He suggested ways to get our credit up to help us with our loan. I also felt that he explained the process in a way even I could understand.