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Giving back to the community that has given
so
much to our families
To Our Heroes
• 100% financing with a FICO of 620 or higher
• 30 year fixed loan program
• Loan limit $417,000
• The ability to use Secondary Stated Income sources that are paid in cash
and not verifiable to qualify
• Income limit for Flagstaff for household not to exceed $65,880/yr, this
income limit is waived if borrower is a public employee
• Reduced mortgage insurance
• Self insurance programs allowed with a 680 FICO score
• May use program with down payment assistance
Dream Builder
• 97% financing - allowing the 3% down to be a gift
• No FICO score requirement
• 30 year fixed loan program
• Loan limit for Coconino County $342,000
• No income limits for all borrowers
• Partially financed mortgage insurance to reduce monthly payments
• May use down payment assistance
Home Buying to Action
• 100% financing with a FICO of 620 or higher
• Less than a FICO score of 620 allowed if extenuating circumstance can
be explained
• No FICO score and minimum credit history allowed through a manual underwrite
• 30 year fixed loan program with an interest only option
• Loan limit $417,000
• Reduced mortgage insurance without adjusting the interest rate or points
• Income limit for Flagstaff household of 1-2 persons, $54,900 and 3+ $63,135/year
• Interested party contributions are allowed up to 6% to cover closing costs,
buying down interest rates and prepaid items
In Our Community We Trust
• 1st time homebuyer program (borrower has not owned a home within the last
3 tax years)
• Reduced Interest Rates currently 6.10%
• 100% financing with a FICO of 620 or higher
• Less than a FICO score of 620 allowed if extenuating circumstance can
be explained
• No FICO score and minimum credit history allowed through a manual underwrite
• 30 year fixed loan program with an interest only option
• Loan limit $405,000
• Reduced mortgage insurance without adjusting the interest rate or points
• Income limit for Flagstaff household of 1-2 persons, $54,900 and 3+ $63,135/year
• Interested party contributions are allowed up to 6% to cover closing costs,
buying down interest rates and prepaid items
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