Features
· Lower down payment than other loan options, often as low as 3.5%
· Can be used on single-family units and multi-family units or 2-4 unit properties
· Funds can come from a gift
· May be available to qualified homebuyers with imperfect credit
· Higher debt-to-income ratios permitted for approval
· No income limits necessary
· Purchase, refinance, and renovation loan options are available
