A conventional 97% LTV (loan-to-value) loan is similar to the traditional conventional loan; however, this specific program allows prospective home buyers to purchase a home with only a 3% down payment. To qualify, the following guidelines must be met:
*Other restrictions may apply.
A conventional 97% LTV (Loan-to-Value) loan is an attractive option to first-time home buyers as the qualifying guidelines typically meet their home buying profile. Another benefit of this loan program is that it allows for its entire 3% down payment to come from gifted funds; however, the gift must come from a person related to the borrower by blood or marriage, or the borrower's legal guardian, domestic partner or fiance/ fiancee.
Any time we had questions they were promptly answered. Very factual, prompt, informative, professional, and rewarding.
Cathy and her team are amazing! As a first-time homebuyer buying from out of state, I was dreading the process! Would I be able to communicate effectively? Would I be a priority with someone that I never met? I was soooo blessed to be referred to Cathy! Every email responded to promptly! Every question was answered! I came to closing with everything being in place. Cathy and her team were honest and explained things in a way I could understand. Transparency, professionalism and southern hospitality – you can’t go wrong with Cathy, Machelle, and Rachel!
They always exceed my expectations. The follow up and communication is better than anyone else in the business.
Shelby Weston is my favorite lender to use. He responds almost immediately to all my questions - even after hours. I have heard Shelby say on many occasions “I work when you work.” He is so knowledgeable on every program out there and helps me understand what option is best for my clients. And I always know Shelby will answer my call with a pleasant response and many times with a laugh. My clients who have used Shelby and his team have been super pleased and was surprised how quickly Shelby and/or his team responded and how they made the client feel at ease with the whole process “holding their hand” step by step. Shelby has been know to qualify buyers and bring it to close within days when other lenders were not able to do so. As I said it before, Shelby Weston and his team at InterLinc are my favorite mortgage lender to use and are my #1 go-to for any question that arises. They are the best!
Alex with InterLinc Mortgage worked around the clock to make our family's dream home come true. He will seriously do everything in his power to make a deal happen, and is accessible throughout the process. I would use again in a heartbeat.
Sheryl and company are amazing. Their work is always timely and responsive.
My wife and I used Scott Senner and his team with Interlinc Mortgage Services, LLC to finance the purchase our new home. Scott and his team did an excellent job of ensuring that we were always well informed and aware of what was needed on our end as well as what we could expect by way of the next step in the process. I highly recommend Scott Senner and his team for your mortgage needs. Scott even sent a very nice young lady to our closing just to congratulate us on our home purchase and to give us a house warming gift for our new home. Scott then followed up after closing to make sure that everything went smoothly and that all of our questions were answered. This kind of personal service is truly rare in today's business world and was greatly appreciated. Excellent job. I highly recommend Scott Senner and InterLinc Mortgage Services, LLC for your mortgage needs.
My husband and I have bought many houses and this has been the best experience of all. Cathy and her team are amazing. I’d also like to say how precious Cathy is!!! I highly recommend Cathy and her team.
My wife and I have bought and sold 5 houses in the past and we've never had as professional, timely experience as we've had with Jerry Smith. He made the entire process so smooth and seamless. His educational videos kept us aware of what was happening with our loan through the entire approval process. This was by far the best lending process we've ever experienced. I recommend anyone who is looking to finance a home to use Jerry. You won't beat his personal touch, professionalism, or dedication to your overall experience with anyone else. We even closed ahead of schedule which is unheard of. Thanks again to Jerry for all you did to make this so enjoyable for my wife and I!
My team and I love working with Shelby Weston! There are good lenders in Oklahoma but not very many great lenders. Shelby and his team are great! They go above and beyond throughout the entire transaction. You and your clients will be thankful that you used Shelby for your mortgage needs. You won't be disappointed!
