Products
QM Community Loan Overview
QM Community Loan is a product tailored especially for home buyers with low credit scores and minimal down payments. It welcomes first-time home buyers without any income limits.
This program is Retail Only.
Rate: CLICK HERE
QM Community Loan Highlights
Additional Credit
$4,500
Max. LTV
97%
♦ *$4,500 CREDIT For Eligible Properties:
Don't miss this unparalleled opportunity
♦ NO ADJUSTMENTS FOR PURCHASE:
Say goodbye to standard LTV/FICO adjustments. It's all waived under this program!
♦ OPEN TO ALL:
This isn't just for first-time homebuyers! Expand your client base with this attractive offer
♦ NO HOMEOWNER EDUCATION / NO INCOME RESTRICTIONS:
Make the process smoother and faster
♦ FOR PRIMARY RESIDENCE:
Available for purchase, R/T Refi and cash out
* Incentive price 2% of loan amount or Max. $4,500, whichever is less.
* Primary Home Only; all the refinance transactions can NOT waive LLPA.
* Condo not available.
* Primary Home Only; all the refinance transactions can NOT waive LLPA.
* Condo not available.
Available in AZ, CA, CO, DC, FL, GA, HI, IL, IN, MD, MI, MN, NE, NM, NC, NV, OH, OK, OR, PA, SC, TN, TX, VA, WA, WV.
Click here to easily check property eligibility and find the listings of eligible properties Why Choose QM Community Loan?
♦ Equal Interest Rates for Varied Credit Scores
Whether your Fico credit score is 620 or 760, enjoy the same interest rate. So, even if your credit score isn't perfect, you're not confined to a high-interest rate loan. We offer equal opportunities irrespective of credit scores.
♦ Uniform Interest Rates for Different LTVs
Whether your LTV is 95% or 50%, you can benefit from the same interest rate. A smaller down payment won't hinder your dreams of property ownership.
♦ Income-Neutral Approach
High or low, we don't discriminate based on income. We won't limit your application based on your income level. Our primary goal is to help you achieve your dreams.
QM Community Loan Flyer
