JET Advantage Mortgage
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100% CLTV FHA Options

Exclusive to JET Advantage Mortgage

View our DPA Matrix
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DPA

No Payment on the 2nd Loan – 0% Rate
  • 620 minimum FICO
  • BPC/LPC options available
  • No first time homebuyer requirement
  • FHA First Loan
  • Subordinated Second Loan (3.5%)
    No Payment on the Second Loan
    0% Rate
  • No Income Restrictions
  • 2/1 Buydown Available
  • Manual Underwrite 660+ FICO
  • Conforming and High Balance Loan Limits Available

DPA Plus

Better priced option for your well qualified borrowers
  • 100% CLTV FHA Loan (Combines 1st and Subordinate Lien)
  • BPC/LPC options available
  • No income limits
  • 2nd lien with an interest rate 2% greater than 1st lien
  • 2nd lien Payment amortized over 10 years
  • Borrower’s minimum contribution of $0.00
  • No First Time Home Buyer Requirement
  • Conforming and High Balance Loan Limits Available

DPA Deluxe

Include Closing Costs (1.5%)
  • 101.5% CLTV, (96.5% First + 5% DPA)
  • BPC/LPC options available
  • No FTB Requirement
  • Include Closing Costs (1.5%)
  • FHA 30-YR Fixed Purchase
  • Refer / Eligible OK
  • No Income Limits
  • 1 – 2 Units, Primary Residence Only
  • 620 Min FICO
  • 660 Min FICO for Manual Underwrite

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Have a loan that you want to discuss with our experienced team?  Reach out to us!

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