Did you think 100% financing was gone?
It’s Back At KeyBank!

I have referred many buyers to this program. As a matter of fact, I was fortunate enough to find out about this program when I bought a house. They have excellent interest rates and great qualifying factors. I am including the criteria below. This loan program can make owning less expensive than renting. As far as I know, there are no other programs available like this. Call me today to find out more about owning your next home.

Key Community
· No mortgage insurance required for this 100% portfolio product
· Borrowers only need to contribute $500 to the transaction
· No origination fees (on this product or any other @ Key) & 3% seller concessions allowed
· Rates typically run .25 above conforming rates
· No income restrictions in targeted areas (80% of median hud income in upper/middle census tracts)

Verifiable rental history required (12 months) with 3 additional tradelines (24 months—nontraditional or
traditional acceptable)
*If prior mortgage appears on credit report (12 months or longer) in previous 4 years, rental history requirement can be waived.
*If the borrower’s housing history cannot be verified, 5% down is required.

 620 minimum credit score with no lates in the last year

Not only for just 1st-time homebuyers but cannot own additional properties

42% debt-ratio maximum and one month of full payment required in reserves

They also offer
· Split Loans using Bank 2nds & Lines of Credit for purchases
· Conforming, Government, & Portfolio Jumbo Loans
· One-Time Close Custom Construction (Unbelievable $1000 Construction Fee)