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2011-08-31 20:56:31
100% Loans Still Available

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)

Blog Archive
2013-05-04 11:25:19
Prices Are Jumping In Utah

2012-02-15 11:13:52
Salt Lake County 4th Qtr Sales Statistics

2012-02-09 10:21:45
Bank of America One on One Loan Modification Event

2011-08-31 20:56:31
100% Loans Still Available

2011-07-22 09:03:06
Harvest Fresh Veggies at Home

2011-07-20 15:56:32
8 Tips to Guide for Your Home Search

2011-07-05 14:33:23
Energy Independance Day

2011-06-06 17:43:56
HARP- New Refinance Option

2011-05-23 11:04:18
Utah 4th Highest Foreclosure Rate in US

2011-04-27 17:21:22
Good News...Bad News

2011-04-19 13:37:09
Salt Lake County Home Prices Fall 13% From 2010

2010-12-07 09:18:38
Foreclosures in Utah

2010-08-09 11:14:41
The Forgotten Foreclosure Crisis

2010-07-23 10:03:08
Mortgage rates tie record low in Freddie Mac

2010-07-19 18:23:32
Government extends home buyer tax credit

2010-07-16 12:44:03

2010-07-13 09:57:13
43.4 million Americans have a credit score of 599

2010-06-01 23:17:31
100% FHA Alternative Loan

2010-05-06 20:35:06
Tax Credit Still Available for Troops!

2010-05-05 14:55:21
Realtor Tour Today

2010-02-07 09:39:22
Sales Are Up For Salt Lake County!

2010-01-23 12:38:55
NAR Help for Haiti

2010-01-20 16:58:46
Affirmation to help you sell your home!

2010-01-20 16:46:53
Affirmation to help you find your perfect home!

2010-01-14 15:17:24
Utah Economic Forecast Looks Good!

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