(MCM) – My Community Mortgage – FNMA Product
D&V Home Mortgage has announced the release of an amazing product to help homebuyers get into homes at incredible rates including reduced MI! Say good bye to FHA if your borrower meets the income requirements!
Check this out!
Score’s down to 620
DTI – 50%
LTV’s are 95% on a Fixed and 90% on adjustable
Your borrower or borrowers combined income must be below the median income for the area per FNMA to qualify….Link below to look them up.
https://www.fanniemae.com/s/components/amilookup/61d695d4-b7a7-4fe1-90c2-7dff2fd1ccd4?state
List of relevant median incomes for counties targeted with this email
Pinellas, Hillsborough, Pasco – $57,400
Sarasota – $57,300
Collier – $62,900
Lee – $58,000
Pricing HUGE benefit!
