A "Niche Loan" Can Make You A Buyer!

Lenders With Specific Niches Webinar

Many times the loan makes a difference if a buyer can purchase a property or not.

Join us in the ZOOM room and learn what unique products 5 lenders have to help you qualify in today’s changing Real Estate market.

Come to our Zoom Room and ask questions AFTER the presentation!

Find out what niche loan program, might help you qualify for a home!

If you can’t make it and would like a link to the replay of the event subscribe here:

http://bit.ly/2N6liLT

Jim Aderman

Wells Fargo

Home Mortgage Consultant

NMLSR ID 413474

• We are still making Jumbo Loans…up to 80% LTV.
• Wells Fargo Funding (Correspondent Channel) is not taking in any new Jumbo loans…
• Your First Mortgage – a 3% down conventional loan but unlike Fannie Home Ready and Freddie Home Possible, there are no income restrictions
• Your First Mortgage – does NOT have to be a first time homebuyer
• Your First Mortgage – Wells Fargo provides a $750 closing cost credit when the borrower completes a free Homebuyer Education class

Rick DeMario

Elevations Credit Union

LMB: 717246 / NMLS: 553346

• 5% down jumbo loan up to $1 million
• Non-warrantable condos can be financed for primary borrower up to 95% LTV – Certain restrictions apply
• Loan committee portfolio loan…We look at overall strength of borrower.
• Piggy-back loan…1^st & 2^nd mortgages (Avoid PMI)
• Construction loans

Frank Giuliano

Universal Lending

License: CO:100020025 | NMLS: 188111

• Not required to be first time homebuyer for Conventional CHFA and Smart Step.
• Must take a class, currently it is on line only.
• Both a Grant Program 3% of loan amount ( you don’t pay back) and Silent Second 4% of loan amount (you pay back when you sell, refinance, or 30 years).
• CHFA still has 620 credit score minimum.
• Income limits on CHFA Conventional and Smart Step is $120,000.

Rebecca Milliken

Castle & Cooke Mortgage

Loan Officer | NMLS 1706428 CO 100512193

Home Ready Loan Program: Perfect for first time home buyers and repeat buyers.

• 3% down payment
• Lower Private mortgage insurance.
• Down payment sources can be a gift or from a down payment assistance program
• Use income from a non-occupant co-borrower
• Use income from a room-mate

*minimum of a 620 credit score, income limits based on geographic area

Connie Oller 

BOK Financial 

NMLS 1413038

• Eligible medical professionals include: MD, DO, DDS, DMD, Medical Residents, Medical Fellows, DNAP, CRNA
• Maximum loan amount – $850,000* (Available to all eligible medical professionals) $1,200,000* (MD, DO, DDS, DMD) – subject to collateral and credit requirements
• Minimum down payments as low as 3%
• No mortgage insurance
• Student loans deferred greater than 12 months from closing are not considered in debt to income ratio

Join us April 21st, 2020 10am – 11am via Zoom

https://zoom.us/j/697381636?pwd=MFA3ZXJCYy9LRVltdHVqbXNRYm9Zdz09

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https://www.facebook.com/events/899373823837792/