What is Private Mortgage Insurance (PMI)?
Private mortgage insurance (PMI) is a form of mortgage insurance that may be required with certain types of loans. If you default on your loan, PMI protects your lender. For this program, PMI is not required!
I’m new to my profession, what documents do I need to provide?
If you are new to your profession and do not have a paystub, in most cases we are able to use your employment contract to satisfy income requirements.
How will my student loans affect my ability to qualify for a mortgage?
Your student loan payments are excluded from your monthly debts as long as they are deferred for at least 6 months.