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.
I loved everything about Cary. She is professional, but also down to earth. She and her brilliant team closed our loan in just 11 days for us to meet a deadline. Completely unheard of!! She was easy to communicate with and seemed to truly have our best at heart. One of the most genuine and precious people I have met. Give Cary a call, she won’t disappoint.
Todd was so helpful! He was happy to answer any questions and gave great advice. He really looked out for me. I would recommend working with him to anyone.
Scott Senner helped us to buy our house and acreage 3+ years ago. We had not sold our previous house yet, and ended up renting it out for over a year. Scott was extremely knowledgeable, helping us to negotiate the complexities of our situation. He was always honest and upfront about what we could and couldn't do. His kindness and responsiveness were always impressive and Scott has continued to be our "go to" person when it comes to our mortgage, refinancing, or referrals to other banking professionals. Scott has a customer for life with us!
They are amazing and bend over backwards to get your lending through. They have financed 3 loans for us.
Cathy and her team were on top of everything and were able to lock me in on an incredible interest rate. Made this entire process a breeze and I’m very appreciative for that!
Rebecca’s previous years in sales and customer service enable her to go the extra mile to help her clients through the home finance process. She is the perfect person to guide you through the process and protect your interest.
Shelby Weston at InterLinc Mortgage is the best of the best! He has helped my clients numerous times and they have had only positive outcomes. He is very informative, professional and a wonderful problem solver! I would highly recommend Shelby with InterLinc.
The entire staff were amazing! They kept me in the loop and worked hard to get me the best competitive rate! I am a customer for life.
First off let me say thank you for manner that you and your team of "PROFESSIONALS" handled this transaction. I have been in the Real Estate industry in Montgomery, AL for almost 30yrs. I have worked with several Real Estate companies, as well as owned my own firm. Over the years I have had every experience imaginable with lenders. Needless to say this is the first time that I have ever felt compelled to write to commend a company for the services rendered. The manner in which you "managed" this transaction, as well as the Client from start to finish was superb!
As I said you guys are a team of "PROFESSIONALS"... Which I believe is a word or title in today's society that is taken to lightly. Many may profess to be… but you guys OWN IT!!
How did you do? A+
InterLinc Mortgage is amazing to work with. I always know where the clients are in the loan process, and they are always quick to answer any questions I have. Shelby and his team have consistently gone above and beyond to get our clients to closing on time.
