To have loan amounts greater than $3MM (or $2MM for funding characteristics), users need certainly to meet post-closing asset criteria to help you meet the requirements

To have loan amounts greater than $3MM (or $2MM for funding characteristics), users need certainly to meet post-closing asset criteria to help you meet the requirements

Whenever debating ranging from leasing compared to. to shop for, you really need to consider your lives and you will cash. If you find yourself leasing provide a great deal more flexibility, home ownership enables you to make security from the possessions and will provide income tax positives.

Financing doing 85% of a beneficial home’s worthy of arrive on the a purchase otherwise re-finance without cash back, at the mercy of assets sorts of, a necessary lowest credit history and you will the very least number of monthly reserves (we. Continue reading