101% Yours101% Yours https://www.vellummortgage.com/wp-content/uploads/2019/10/101-yours.-no-mortgage-insurance-min-1024x536.jpg 1024 536 Vellum Mortgage Vellum Mortgage https://secure.gravatar.com/avatar/dee8e5a47d05ab38f02d6bd2713fd0c0?s=96&d=mm&r=g
101% Financing, No Mortgage Insurance
Owning a home is the American Dream! Whether you are a first-time buyer or moving up, we’ve made it easier than ever to get into a new home…even helping with closing costs.
We are able to finance 101% of your sales price, meaning you could potentially have no down payment and an extra one percent of the sales price towards your closing costs. All of that and no mortgage insurance.
- No Mortgage Insurance
- Credit score as low as 660
- Financing up to $726,525
- DO NOT have to be a first-time homebuyer
- Max 1% contribution (closing costs)
- Possible financing options up to 105%
Contact us for more information and make your new home 101% Yours!
Income limits are specific to the area you are looking to purchase. Must be your primary residence. Program not available in all states. Not all applicants will qualify. 4% of the lessor of the purchase price or appraisal with no dollar cap for down payment and closing cost assistance. Second interest only rate matches the first mortgage rate. Maximum 105% LTV with a 3rd DPA. Terms and conditions apply and requirements can change at any time. This is not a commitment to lend.
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