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1.  FICO score 700 - 5% down payment is required on owner occupied for Single Family Residence, Condo and Planned Unit Development (PUD). Example: FNMA HomeStyle 30 Year Fixed - Purchase Price $509,474, 5% down or $25,473.70, Loan Amount $484,350 - Rate is 4.90% (APR 5.516% as of 4/24/19) - Principal + Interest Monthly Payment of $2,568.72.
2. FICO score 680 - 20% down payment is required on owner occupied and second home for Single Family Residence, Condo and Planned Unit Development (PUD).                                                               Example: FNMA HomeStyle 30 Year Fixed - Purchase Price $509,474, 20% down or $101,895, Loan Amount $407,579 - Rate is 5.286% (APR 5.894% as of 4/24/19) - Principal + Interest Monthly Payment of $2,259.76.
3. FICO score 720 - 25% down payment is required on investment property.                                                                                Example: FNMA HomeStyle 30 Year Fixed - Purchase Price $509,474, 25% down or $101,895, Loan Amount $407,579 - Rate is 5.374% (APR 5.982% as of 4/24/19) - Principal + Interest Monthly Payment of $2,139.44.

Renovations costs up to $80,000.

• Project review must be completed and a copy of the builder's contractor license and liability insurance must be submitted.
• Additional costs are show below:

1. One draw = $645
2. Two draws = $760
3. Three draws = $875
4. $150 for final inspection
5. $150 for final title update.

Renovations costs above $80,001 - please inquire with with me.