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QM Community Loan

QM Community Loan Overview

What is QM Community Loan?

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.

Click here for QM Community Loan Property Eligibility Sheet for property Location Requirement.

FNMA DU Refi: Price adjustments follow Agency loan with incentive up to $4,500.
Incentive Price 2% with max cap $4,500.

Rate: CLICK HERE

This program is retail only.

QM Community Loan Highlights

All FICO&LTV Adjustment Waived!
No High Balance/Purchase/Refi/Cash Out/Attached Condo/2-4 Units Adjustments!

*$4,500 CREDIT For Eligible Properties:
Don't miss this unparalleled opportunity

NO AGENCY ADJUSTMENTS:
Say goodbye to standard Agency LTV/FICO adjustments. It's all waived under this program!

CASH-OUT ADJUSTMENT WAIVED:
Assist your clients in getting more from their refinancing

NO HIGH BALANCE ADJUSTMENT:
Your clients can now avail bigger loans without the standard adjustments

NO CONDO/2-4 UNITS ADJUSTMENT:
Enjoy this additional concessions

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

Available in: AZ, CA, FL, IL, MD, MI, NV, TX and more...

* Incentive price 2% of loan amount or Max. $4,500, whichever is less.

 

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


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