1. a a VA Program LOAN TYPE OFFERINGS Purchase Mortgage Cash Out Re?nance Mortgage (Type I and Type II) Streamline IRRRL (Interest Rate Reduction Re?nance Loan) New Construction Renovation PROPERTY TYPES 1-4 Unit Townhome Condo Modular Home Manufactured Home (Double-wide or Greater) PROGRAM HIGHLIGHTS Credit Score of 550 or Greater             -VA Elite pricing requires 640 or greater             -New Construction & Renovation requires 620 or greater Loan Terms of 10, 15, 20, 25 and 30 Years Automated and Manual Underwriting Allowed -VA Elite, New Construction and Renovation require automated approval Maximum of 100% Financing (not including VA Funding Fee)             -No down payment required for purchase or new construction -Cash out re?nance may not allow full 100% No Maximum Debt-to-Income Ratio (with Automated Approval) Standard, High Balance and Jumbo Loan Sizes are Eligible Bankruptcy (Ch 7) Discharged 2+ Years             -Extenuating circumstances allowed with 1+ year out of discharge

2. Bankruptcy (Ch 13) Re?ects 12+ Payments Made & Trustee Approval Foreclosure Finalized 2+ Years -Extenuating circumstances allowed with 1+ year from ?nalization All Income Allowed by Lender’s Handbook – VA Pamphlet 26-7 First Time and Subsequent Use of VA Bene?ts Accepted Surviving Spouses are Eligible Split-Entitlement is Eligible     CLICK HERE TO REQUEST YOUR CERTIFICATE OF ELIGIBILITY NMLS Consumer Access Portal | Privacy Policy XML Sitemap