Guaranteed Rural Housing Load Income Guide Lines
(Make under these amounts)
1 - 4 person $91,900.00
5 - 8 person $121,300.00
You must not increase your debt or change jobs without contacting our mortgage department 863-967-8532
Little Closing Cost
Guaranteed loan benefits include:
- Higher Loan to Values. No down payment is required. The maximum loan amount is 100% of the appraised value
- Low Monthly Mortgage Insurance (MI). Mortgage payments low pmi allow the borrow to have more available income each month.
- Competitive Fixed Intrest Rates: Guaranteed loans offer 30 year fixed intrest rates.
- Flexible Credit and Expanded: Borrown with non-traditional credit histories may be eligible.
- Must provide 12 months of Home Owners Insurance at closing.
- Be a US citizen, Permanent Resident, or Qualified Alien.
THIS INSTITUTION IS A EQUAL OPPORTUNITY PROVIDER AND EMPLOYER
Direct Loan Program
A 640 Credit Score or Better
No Closing Cost
Minimum Household Adjusted Income
1 - 4 People $49,350.00
5 - 8 People $65,150.00
No Application will be turned in without a $25.00 Credit Report Fee
Check or Money Order Made Out to
Must bring to the meeting
- Copy or your Drivers License.
- Last 2 years Tax Returns with W2's NO transcripts
- Last 4 weekly pay stubs (Bi-weekly need 2)
- Copies of 2 most recent bank statements with complete Bank number, all pages.
- Copy of SSI or SSD aware letter (if applies)
- If self-employed, you must have your most recent 2 years tax returns, personal & business, with all schedules along with a year-to-date profit/loss statement and balance sheet
- Copy of Credit Report and Score, go to Annualcreditreport.com Middle score counts
522 Magnolia Ave.
Auburndale, FL 33823