FHA 100% CLTV Combo Loan Program

If your buyer is low on cash but high on motivation, this might be the perfect fit. The 100% FHA Financing program allows qualified buyers to purchase a home with zero down payment by combining a standard FHA loan with a second lien to cover the rest. No income limits, no first-time homebuyer requirements, and a minimum 600 credit score. If your clients have been sitting on the sidelines because of cash-to-close concerns, this could be their green light.

Get Zero Down with FHA 100% CLTV Combo Loan Program

This program offers 100% financing by combining an FHA first lien at 96.5% and a concurrent second lien of up to 3.5% to assist with down payment and closing costs.

Program Details

• FHA firstlienPLUS concurrent second lien for 100% CLTV

• 600 minimum credit score

• Standard 30-year fixed-rate FHA first lien

• No first-time homebuyer requirements

• No income limits

• Easy underwrite! First lien and second lien have the same guidelines

• 2/1 temporary buydown option available

• Eligible in all states EXCEPT New York