Our FHA/VA Edge can assist your borrowers in owning a home:
- DTI up to 56.5% with AUS approve/eligible
- Manual Underwrite available for AUS Refer/eligible (DTI limited to 31/43)
- Reserves only required as determined by AUS or FHA Guidelines
- Refinances eligible after 6 months of payments
- HUD Escrow Repair allowed on HUD REO’s
- 0X30 last 12 months no more than 2X30 or 1X60 in last 24 months with AUS A/E
- Gifts Allowed
- DPA Programs allowed – must be HUD approved
- True No Score credit allowed
- One Score allowed with AUS A/E
- No Min Tradelines Required with AUS A/E
- 1 – 4 Unit Properties
- 203K & 203Ks
- Streamline Refi’s
- $100 HUD REO Down Payment program available with HUD Contract allowing
- VA IRRRL
- VA Cash Out