Repayable Second DPA program. With this program, the borrower is able to lock their first mortgage at market comparable rate. Borrowers will need to meet the minimum FICO score requirement of 640, have a debt to income ratio of 50% or less, and have a qualifying income equal or less than 115% of the median income for the county in which the borrower will live.

*Heroes Housing Lender Affiliates nor any of their products are approved by or affiliated with Fannie Mae

Heroes Housing Lender Affilaites offers a down payment solution to borrowers who qualify for a 97% LTV conventional first mortgage under Fannie Mae’s HomeReady®program1 for low to moderate income borrowers, with expanded eligibility for homes in low-income communities. Borrowers who do not fit the HomeReady® criteria but may not have the resources for a larger down payment on a home purchase, may still qualify for a standard conventional 97% loan-to-value program and receive assistance from Orion Lending for the down payment and closing costs.

There are no income limits under a conventional standard 97% LTV program. Borrowers will need to meet minimum FICO score of 640 and any other guidelines for the conventional standard 97% LTV or HomeReady® programs.

*Heroes Housing Lender Affiliates nor any of their products are approved by or affiliated with Fannie Mae