100% Home Loans Still Available for Borrowers with Below Prime Scores, Plus Super Jumbo Home Loans up to $6,000,000 Financing Now Available for Qualified Borrowers
100% home loan financing is available with scores down to 575. Currently, subprime mortgages still available with scores as low as 500 (reduced LTV, i.e., Loan-To-Value, for scores below 575). For investors, high LTV mortgage loans (up to 90%) are available - for residential properties. Our latest program offering is "Super jumbo home loans", which are available up to $6,000,000 for residential properties.
Houston, TX (PRWEB) September 8, 2007 -- Challenge Financial Investors Corp. is pleased to announce that 100% home loans are still available to customers who have below average credit scores (down to 575). While diaily headlines discuss the negatives in the mortgage lending market, we at Challenge would rather focus on the positive.
For borrowers in an ARM (Adjustable Rate Mortgage), we strongly recommend investigating a 30 year fixed loan as soon as possible. Indexes used for ARM loans continue to rise, while 30 year fixed rates continue to be reasonable.
Challenge currently does loans in 43 states and has offices throughout the United States to serve client needs.
100% home loan financing is available with scores down to 575. Currently, subprime mortgages still available with scores as low as 500 (reduced LTV, i.e., Loan-To-Value, for scores below 575).
For investors, high LTV mortgage loans (up to 90%) are available - for residential properties.
Our latest program offering is "Super jumbo home loans", which are available up to $6,000,000 for residential properties.
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