JET Advantage Mortgage

DPA &
DPA Plus

100% CLTV Loan, DPA Program
Exclusive to JET Advantage Mortgage

100% CLTV, DPA Program for FHA

DPA –  Our 100% CLTV DPA Loan Program

Highlights Include:

  • Down Payment Assistance Programs – DPA
  • 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, follows FHA Guidelines
  • Ask us about other exceptions that may be available
  • Conforming and High Balance Loan Limits Available
 

DPA Plus

Highlights Include:

  • 100% CLTV FHA Loan (Combines 1st and Subordinate Lien)
  • 2nd lien with an interest rate 2% greater than 1st lien
  • Payment amortized over 10 years
  • Monthly payments required
  • 620 Minimum FICO
  • Borrower’s minimum contribution of $0.00
  • No First Time Home Buyer Requirement
  • Conforming and High Balance Loan Limits Available
 

Restrictions apply, please speak to your Account Executive for details on both of these programs.

Available on our TPO portal technology where you can register and submit in minutes

Learn More

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

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