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.
Katie was above and beyond our expectations. My experience and overall time with her handling our loan have been nothing but amazing. We are very pleased and happy to have her guide us through this whole process.
Beth is awesome! I love how she actually communicates to myself and the buyers directly. Loved working with her and can't wait to do it again in the future!
I loved all the constant communication. It was a great experience!
Katie Andy always takes great care of my buyers and goes that extra mile to ensure a smooth transaction. I have a choice between preferred lenders...she makes it an easy one.
Katie is a top professional that knows exactly what the customer needs even when we didn't know the right Package for us. 1st class team!!
Katie and her team were a delight to work with. They were professional, responsive, and nothing short of stellar. Interlinc went above and beyond expectations and communicated every step of the process effectively and efficiently to ensure a smooth and stress free closing. I would highly recommend Interlic, Katie Andy, and her team of professionals.
Ashley was amazing to work with and got us a competitive rate. Everything was so easy and the process was very fast
Thank you for making things easy to follow and for your patience and quick response to things!
Great Service!
We appreciated the all around incredible professional knowledge, quick responses via email and phone with Paul Knopf, Bob Schmuckie and associates. And, thanks again for joining us at Borders & Borders on the day of our residential closing.
