Lender credit and eligible gifts | Yes |
Mortgage insurance | Lender-paid, monthly premium, and more |
Maximum seller contribution | 3% |
Minimum borrower contribution | $0 |
Maximum income limit | None |
Lender credit and eligible gifts | Yes |
Mortgage insurance | Lender-paid, monthly premium, and more |
Maximum seller contribution | 3% |
Minimum borrower contribution | $0 |
Maximum income limit | May apply |
Lender credit and eligible gifts | Yes |
Mortgage insurance | Lender-paid, monthly premium, and more |
Maximum seller contribution | 3% |
Minimum borrower contribution | $0 |
Maximum income limit | None |
Lender credit and eligible gifts | Yes |
Mortgage insurance | Upfront and monthly premium |
Maximum seller contribution | 6% |
Minimum borrower contribution | $0 |
Maximum income limit | None |
Lender credit and eligible gifts | Yes |
Mortgage insurance | Upfront fee (one-time funding fee) |
Maximum seller contribution | 4% plus closing costs |
Minimum borrower contribution | $0 |
Maximum income limit | None |
Lender credit and eligible gifts | Yes |
Mortgage insurance | Upfront and monthly guarantee fee |
Maximum seller contribution | 6% |
Minimum borrower contribution | $0 |
Maximum income limit | Yes |