***NEW OREGON FLEX DOWN PAYMENT ASSISTANCE PROGRAM****
Loan Types: FHA, VA, USDA, CONV
1st and 2nd Lien for DPA
Eligible Property Types: Single Family, Detached 1 units, Townhomes, Doublewide Manufactured
30 Year Fixed Purchase Only - No First Time Home Buyer Requirement
Income and purchase price limits apply
Focused Demographic: 5% of first loan amount in assistance
Standard Option: 4% of first loan amount in assistance
Term and repayment of 2nd lien is based on Borrower's income
620 Minimum Credit Score
50% Max DTI
Non Traditional Credit is not allowed
If First Time Home Buyer - Homebuyer Education required
For Conventional Loans: Pest and Dry Rot Inspections Required
HAVE QUESTIONS? PLEASE CALL US :)
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https://apply.fairwaymc.com/signup?referrerId=noelsfairwaymc.com&loanType=MORTGAGE
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The Smith Group
SmithGroup@fairwaymc.com
208.406.2451