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.
Very professional staff. We knew what was expected and required of us from the very first meeting. There were no surprises during this entire process. Everyone we worked with was professional, knowledgeable and extremely helpful!
InterLinc Mortgage went above and beyond from the first time I submitted my information online. They called me back the day I submitted......on a Sunday! Wow! The home buying process was smooth and I was called AND emailed every step of the way. I can't say enough good things about ALL of the people at InterLinc!
I was referred to Sheryl and team and so glad for it! They always kept me informed and up to date regarding my loan down to every last detail, which I loved! I really couldn't have asked for a better experience!
As always it was a pleasure to work with you and your team. You've always treated me with your utmost professionalism and respect and I appreciate you and your team for that. Whatever happens in the future, I don't foresee myself going anywhere for such business. Trust is not a given rather it's earned. I believe we both have earned each other's trust. Thank you for all your assistance and patience working with me through it all.
Rebecca and her team at InterLinc Mortgage Services are great to work with. They kept my Buyer and me informed and answered our questions promptly. Truly professional with a heart of service to the client. Bravo!!!
We were very happy with David. He is professional and knowledgeable and took his time in explaining the process for us. He answered all of our questions. We really enjoyed working with him.
Shelly is very professional and made everything smoothly. You do not need to worry. She will help you to deal with everything. If you have any question, she will respond to your inquiry quickly through phone or email.
Excellent service all the way around! Highly recommend!
Cary was amazing to work with. She went far beyond our expectations to figure out our mortgage. She was always reassuring that things would work out and proved her skills in the final days and hours of closing our loan. All of her efforts mean so much to us. We feel very lucky and fortunate to have had the opportunity to work with her. That being said, we highly recommend Cary to anyone who is looking for someone with lots of experience and integrity.
She’s awesome!!! Great customer service, very thorough, great feedback, prompt with responses, always there whenever you have a question, very knowledgeable and professional.
