DPA, DPA Plus & DPA Deluxe

DPA Programs Exclusive to JET Advantage Mortgage

100% CLTV, DPA Program for FHA

100% CLTV DPA Loan Program

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

620 Minimum FICO

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
Borrower’s minimum contribution of $0.00
No First Time Home Buyer Requirement
Conforming and High Balance Loan Limits Available

No Income Limits

101.5% CLTV, (96.5% First + 5% DPA)
5% DPA available to assist with closing costs
FHA 30-YR Fixed Purchase
1 – 2 Units, Primary Residence Only (No FTB Requirement)
620 Min FICO for AUS
660 Min FICO for Manual

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