Loan Program
Convencional
Our Conventional Loan is ideal for homebuyers and clients with good credit and enough money for a down payment. You can purchase with as little as 3% down. The loan granted must be within the maximum loan limits established by Fannie Mae and Freddie Mac.
With the Program
Convencional
We have the following characteristics
– 1 year of tax returns for self-employed individuals
– No onerous requirements: We evaluate loans based on Freddie Mac and Fannie Mae standards
– Credit score 620+
– Down payments starting at 3%.
– Down payment may include gifts
– Income eligibility requirements apply
– Fannie Mae requirements
– No onerous requirements: We evaluate loans based on Freddie Mac and Fannie Mae standards
– Credit score 620+
– Down payments starting at 3%.
– Down payment may include gifts
– Income eligibility requirements apply
– Fannie Mae requirements
– Low down payments: 3% for credit scores of 620+ Fico.
– High debt-to-income ratio (DTI): maximum 50% for DU and maximum 45% for LP
– Credit score 620+
– Down payments starting at 3%.
– Down payments may include gifts.
– Income eligibility requirements apply.
– Fannie Mae requirements.
– Credit score 620+
– Down payments starting at 3%.
– Down payments may include gifts.
– Income eligibility requirements apply.
– Fannie Mae requirements.
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.
