1.
DIFFERENT MORTGAGE OPTIONS PROVIDE CHOICES…
Let Mortgage Network help your buyers make the choice that works for them.
y Ho rner
Jeffre
Program USDA
Conventional FHA VA
Feature Rural Housing
Down Payment 5% 3.5% 0% 0%
LTV 95% 96.5% 100% 100%
Minimum
Varies Based on LTV 640 640 620
Credit Score
Maximum
45% 45% 41% 29/41 %
DTI Ratios
Seller
Varies from 3% ‐ 10% 6% 4% Unlimited
Contributions
Single Family & Condos Single Family & Condos Single Family & Condos Single Family & Condos
Property Types
Multi‐Family Multi‐Family Multi‐Family Only
Rate Type Fixed & ARMs Fixed & ARMs Fixed & ARMs Fixed Only
Mortgage 85‐90 BPS plus
Varies on LTV 2.15 one time use 3.5% one time use
Insurance 1.0% up MIP
BPS = Basis Points; MIP = Mortgage Insurance Premium
Regardless of the loan option they choose, our mortgage programs offer the greatest value with
home financing. Call me today for more details on how these programs can help your clients.
Richard Nabrzeski
Senior Loan Officer, NMLS #191257
Office: 800‐706‐1177 ext. 110
Cell: 856‐904‐3112
rnabrzeski@mortgagenetwork.com
www.greatrate.info
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Corporations under the California Residential Mortgage Act Finance Lender License 603B322; Delaware 010168; Florida ML0700961; Georgia Residential Mortgage Licensee 15441; Massachusetts Mortgage Lender and Broker MC2668; Maine SLM2499; Licensed by the New Hampshire Banking Department
5573-MB; Licensed by the NJ Department of Banking and Insurance-New Jersey Residential Mortgage Lender License 0755551; MNET Mortgage in lieu of Mortgage Network, Inc. in New York - Registered Mortgage Broker – NY State Banking Department RMB NO 207384. North Carolina L113607; Licensed
by the Pennsylvania Department of Banking 21978. Rhode Island Licensed Lender 95000456LL; South Carolina-BFI Mortgage Lender / Servicer License MLS – 2668; Texas Reg. 43205; Texas Regulated Loan License 10569-46959; Licensed by the Virginia State Commission Corporation MC-2593. Some
products may not be available in all states. This is not a commitment to lend. Rates, terms, fees, and equity requirements are subject to change without notice. Restrictions apply. Equal Housing Lender.