Special Financing for Credit Scores Between 500 & 620
Low Down Payment:
- Credit Scores of 580+ = 3.5% Down
- Credit Scores Below 580 = 10% Down
Two Months Reserves:
(6 Months if Utilizing Retirement Account)
- Employment: Min. of 12 months in the same line of work for the borrower’ 6 months for the co-borrower
- Verifiable rental history of 12 months
- Must take a HUD-Approved homeownership workshop