HOME POSSIBLE & HOME POSSIBLE ADVANTAGE

Contact Carrington Mortgage Services, LLC

Carrington is offering additional affordable home loan solutions through our Home Possible and Home Possible Advantage programs. These programs allow a down payments as low as 3% which makes it a great option for many first time home buyers

HOME POSSIBLE FEATURES*:

  • Down payment as low as 5% of the purchase price
  • Choose from one to four units, condos, or planned-unit developments**
  • 15 and 30 year Fixed rate mortgages available
  • No cash-out refinancing options available*
  • Gifts, grants, and Affordable Seconds are permitted as a source of funds for down payment and closing costs
  • Must be the borrowers primary residence

HOME POSSIBLE ADVANTAGE FEATURES*:

  • Similar to Home Possible but only 3% down
  • One unit properties only
  • Fixed rate mortgages
  • Must be the borrowers primary residence

Apply now to see if you qualify.

*Min 620 FICO; Mortgage Insurance required with Loan To Value (LTV) over 80%; Homeownership education required
**Restrictions apply. Ask your Loan Officer for details