Northstar Funding has made our FHA program more attractive by lowering the minimum credit scores and decreasing or eliminating several overlays, making this program highly competitive and easier to qualify.
• Conforming with credit scores as low as 580
• High Balance loans eligible with credit scores as low as 620
• High Balance Cash-Out with credit scores as low as 640
• 3-4 unit, Cash-Out, and Streamline with credit scores as low as 620
• Gift funds now allowed on transactions with credit scores as low as 580
• Non-occupant co-borrowers allowed on transactions with credit scores as low as 580
• Back to Work reduced wait times for bankruptcy and foreclosure are allowed
• Up to 100% CLTV for purchases with approved down payment assistance programs
Northstar Funding offers a variety of simple, affordable financing options designed to meet the needs of our customers and their borrowers. Backed by Northstar’s nationwide resources, you’ll discover that everyone you deal with is empowered to provide personal attention and best-in-class service, from lock through closing.