Benefits of our program:
Bad credit or no credit will not disqualify anyone.
No bank qualifying. No need to meet strict lender guidelines
No closing fees. Typical lenders charge you thousands of dollars just for the privilege of doing business with them. The fees and charges can add from $3,000 to $10,000 that you have to pay up front. This money is not credited toward paying for the home.
Low down payment, usually about $5,000. Your down payment is applied towards the principal of the home, thereby lowering the amount financed. Most lenders want 20% down and 14% interest rate on a ‘No Documentation’ loan. Our down payment varies from 4% - 10%. Since the sub-prime market meltdown in 2008, you will not be able to find a ‘No Doc’ loan available from any bank or mortgage company.
Low interest rates. We provide the lowest interest rates on ‘No Doc’ loans that you will find anywhere.
No need for ‘seasoned funds’. Most banks require bank statements to prove that you have the down payment and closing costs in cash on hand. We do not care where you get the down payment.
People who can benefit:
Young people with little or no credit.
Those with bad credit, or no credit due to bankruptcy, divorce, medical bills, etc.
Self-employed who show very little taxable income.
People who want to move into a house immediately. When we have a home available, you pay the down payment and we give you the keys and immediate possession.
New residents to our country who have no credit history with U.S. credit bureaus.
