Mortgage Miracles Happen

FHA Purchase Loans 1/2 of 1% Down Payment

99.5% “Purchase Loan Program (1/2 of 1% Down Payment required)

Here’s the details on how it works:

  • 1st Mortgage FHA Loan (96.5%)
  • 2nd Mortgage for 3% of Purchase price (Total 99.5% LTV)
  • Non-Traditional Credit allowed
  • Minimum FICO Score allowed is: 580
  • Remaining .5% can be from any of the following: Borrowers own funds, Gift from a Blood Family member or Employer


No Sales Price Limit!

Maximum Loan Amounts based on FHA County Loan Limits per HUD guidelines.

Not limited to just first time home buyers!

There is no geographic boundaries required with this program.

2nd Mortgage can be used for Closing Costs or Down Payment.

2 Unit Properties allowed (with at 640 FICO)


Call Ben Gerritsen at: 1-801-399-2364

NMLS ID for Ben Gerritsen: 285653