FHA HOME LOAN PURCHASE AND REFINANCE Patti Mazzara MMS Venture Development Inc www.ventureloanapp.com 952.285.4319 [email_address]

FLEXIBLE UNDERWRITING Easy to qualify even with less than perfect credit Low down payment – just 3.5 % Gift from family allowed Borrower can have an open Chapter 13 w/12 months of on time payments Credit Scores as low as 580

Easy to qualify even with less than perfect credit

Low down payment – just 3.5 %

Gift from family allowed

Borrower can have an open Chapter 13 w/12 months of on time payments

Credit Scores as low as 580

PRIMARY RESIDENCE FHA loans are for Owner Occupied properties only Streamline Refinance FHA to FHA only Rate and Term Refinance to 97.75% Cash out Refinance to 95% on loans under conforming limit – two appraisals required

FHA loans are for Owner Occupied properties only

Streamline Refinance FHA to FHA only

Rate and Term Refinance to 97.75%

Cash out Refinance to 95% on loans under conforming limit – two appraisals required

BENEFITS Low down payment Competitive Interest Rates Seller may pay up to 6% of sales price toward Prepaids and Closing Costs Non Occupying Co-Borrowers allowed Upfront MIP may be financed in loan FHA loans are Assumable No Prepayment Penalties FHA has resources for FHA homeowners to avoid foreclosure Streamline Refinance lowers rate and payment

Low down payment

Competitive Interest Rates

Seller may pay up to 6% of sales price toward Prepaids and Closing Costs

Non Occupying Co-Borrowers allowed

Upfront MIP may be financed in loan

FHA loans are Assumable

No Prepayment Penalties

FHA has resources for FHA homeowners to avoid foreclosure

Streamline Refinance lowers rate and payment

www.ventureloanapp.com Venture Development finds the mortgage program that fits your goals and your life Venture Development works to make the process as smooth as possible Let our years of experience help you make your dreams of homeownership a reality Call Patti Mazzara at 952.285.4319 FHA Mortgage Financing in Minnesota Only

Venture Development finds the mortgage program that fits your goals and your life

Venture Development works to make the process as smooth as possible

Let our years of experience help you make your dreams of homeownership a reality

Call Patti Mazzara at 952.285.4319

FHA Mortgage Financing in Minnesota Only