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.
Overall easy and communication was prompt
Troy was very professional through the whole process. He was very supportive and accessible. He communicated effectively and in a timely manner. He was always able to answer any questions i had and address any concerns that came up through the process.
The team was professional and easy to work with.
Troy is an awesome loan officer. He went above and beyond what was needed to get this loan closed. I will always refer him to my friends and family. He makes you feel like you are his number one priority.
Troy was great at communicating all the options that were available for my transaction.
Explained my constraints and needs on this process and your team took the to understand them and make it happen