Home Now 100 & Neighborhood Home 100- 100% financing on primary residences, $0 minimum buyer contribution, available with 40, 30, 20, and 15 year fixed rate and 10 and 7 year ARMs.
FHA- Federal Housing Administration 97.75% LTV, Lower Rate for MIP No Income Limitations, Gift funds allowed, Non-occupying co-borrowers allowed, 30 and 15 year fixed rate or 1,3 and 5 year ARMs.
CDA-Community Development Administration Loan, 100% LTV, Closing Cost assistance via grant or 0% 2nd mortgage, 30 year fixed rate.
BB&T CHIP-Community Homeownership Incentive Program- Max Loan Amount- $417,000, 100% LTV Available, No Private Mortgage Insurance, $500 Minimum Buyer Contribution, LTV's above 97% require a 660 credit score, 30 year fixed rate.