 Receive lower rates and payments by putting down 5% of the Purchase Price! While our $0 Down options allow for minimal cash out-of-pocket, a 5% Down Payment allows for a smaller overall loan size as well as a better rate on the 2 nd mortgage. This yields a lower payment that can help you maximize cash flow while also providing a small cushion of equity.
Additionally, the 5% Down Payment mitigates our Bank's risk and therefore we offer a true NO DOCUMENTATION loan option. While typical No Income Verification loans still require a recent 2-year job history in the same line of work, the true No Documentation option requires NO JOB/EMPLOYMENT VERIFICATION. This means that now you can invest in real estate with only 5% Down even if you are Retired, newly self-employed or have significant gaps in employment over the past 2 years!
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