• Tel: (916) 332-1056
    Email: info@c1stm.com

  • Refinancing

    August 5, 2014
  • FHA

    Credit scores as low as 560 on Specialty product (LTV equal to or below 90%/580 if above 90%)

    • HUD REOs with repair escrows allowed
    • Low down payment requirements (3.5%) 
    • Manual underwriting allowed
    • Gift funds allowed for down payment and closing costs
    • Max 55% DTI on Approve/Accept Eligible recommendations 
    • Flips < than 90 days with > 20% appreciation 
    • Back to Work - Extenuating Circumstances loans available 
    • Non-occupant co-borrowers allowed
    • Collection accounts may not need to be paid prior to closing