Loan Program
FHA
The Federal Housing Administration insures FHA loans and protects lenders from potential financial risk. FHA mortgage loans require lower down payments and may be easier to obtain than conventional loans offered by private lenders. FHA loans require an initial and monthly insurance payment. The FHA also places some limits on mortgage loan amounts, and these may vary by county.
With the Program
FHA
We have the following characteristics
– Internal credit profile evaluation
– We evaluate loans based on FHA standards.
– We evaluate loans based on FHA standards.
– No tax returns: Salaried employees will only be asked to provide their W2 forms for the past 2 years and 30 days’ worth of current pay stubs.
– Low down payments: 3.5% for credit scores of 580+.
– Low down payments: 3.5% for credit scores of 580+.
– High debt-to-income ratio (DTI): maximum DTI 56.9%.
2010 Corporate Ridge, Suite 850, Mclean, VA 22102
877-204-8191
info@citylendinginc.com
Information
Terms & Conditions
Licensed States
City Lending, Inc. © 2024. ALL RIGHTS RESERVED | 877-204-8191 | NMLS ID: 1045126 City Lending, Inc. is a licensed mortgage company, with its main office located at 2010 Corporate Ridge, Suite 850, McLean, VA 22102. NMLS Unique Identifier #1045126 / Arizona, NMLS #1042524 (www.nmlsconsumeraccess.org).
NMLS Consumer Access is a free service for consumers to verify whether a financial services company or professional is authorized to do business in their state. Equal Housing Opportunity | © 2025 City Lending Inc.
