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Everyone should have a path to homeownership. Depending on your home financing situations - we have options for your review: 

Conventional 

• One borrower must have a credit score
• Purchase or rate and term refinance
• 1-unit primary residence that all borrowers occupy
• Fannie and Freddie fixed rate financing only
• DU Approve/Eligible or LP Accept
• Additional history required for no-score borrowers with greater than 50% qualifying income

FHA

• 3 nontraditional trade lines for 12 months such as rent, utilities, mobile phone.
• Rent and utilities documentation or documentation of living rent-free
• Max ratios at 31/43 - may exceed if another borrower has a credit score as compensating factor.
• 1-month PITI from borrower funds

VA

• 3 nontraditional trade lines - if fewer than 3, provide explanation why borrower does not have 3 nontraditional trade lines.

USDA

• Max ratios 29/41
• No reserve requirement
• 2 trade lines if rent-free or rent not used as trade
• Alternative credit trade line may be open, closed, and/or paid in full by applicant. Must have at least 12 months of repayment history. If trade line is closed, it cannot have been closed more than 6 months prior to application.