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| Responsible Homeownership (R-HOME) Loan Products |
With safe, affordable, 30-year, fixed-rate mortgages, responsible borrowers now have an attractive mortgage option, even with little or no traditional credit history. R-HOME uses innovative technology to make the process of analyzing credit through non-traditional credit lines—such as rent, telephone bills, car payments, childcare, and even tithing—faster and easier for lenders and borrowers.
R-HOME features 30-year, fixed-rate terms, borrower paid mortgage insurance, and NO prepayment penalties. R-HOME Purchase and Refinance products are
up to 95% LTV loans with a borrower contribution as low as $500. |
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R-HOME Loan Products feature: |
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- 30-year, fixed-rate terms |
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- Borrower-paid mortgage insurance |
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- NO prepayment penalties |
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R-HOME Purchase and Refinance products feature: |
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- Up to 95% LTV loans |
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- minimum borrower contribution as low as $500 |
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