FHA/VA Programs
It's time to ask what your country can do for you—CitiMortgage
has the answers.
Compared to conventional loans, government guaranteed
FHA and VA loans may offer more flexible criteria in terms of Loan-to-Value,
credit, and other qualifying requirements. These loans usually require less
cash up front and have more flexible underwriting guidelines, allowing more
borrowers to qualify than may be possible using conventional underwriting
criteria.
FHA/VA Advantages:
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Low or no down payment required. |
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Seller can contribute up to 6% of sales price. |
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Flexible credit guidelines. |
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Gifts and down payment assistance accepted. |
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Non-occupant co-borrowers accepted. |
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Streamlined refinance programs that speed the closing
process. |
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Closing costs can be rolled into the loan. |
