At Home Point Financial, our goal is to deliver an exceptional service experience for our clients through open communication. When you have questions, we have the answers you need.

● For immediate attention/client support, call your Client Advocate, they can help you right away. Contact your Correspondent Manager today for your designated Client Advocate’s contact information.

● Home Possible® top features:

▪ Purchase a home loan with a low down payment, such as 3%

▪ Homes located in a disaster area don’t have income limits for 3 years after the disaster

● HomeReady® top features:

▪ Up to 97% financing with no minimum borrower contributions (restrictions apply)

▪ Homes located in a disaster area don’t have income limits for 3 years after the disaster

● A borrower can request a loan recast if they meet the following requirements:

  ▪ Must be a Conventional loan

  ▪ At least two payments have been completed

  ▪ Minimum of $10,000 to be paid toward principal balance

  ▪ Must pay upfront $350 processing fee

● You have the ability to submit and lock loans online versus manual update

● Our agency and FHA products do not have a max DTI as long as the lender receives an AUS approval. VA maximum is 60%

● Currently, Home Point is not accepting Freddie ACE loans

For additional questions, contact us today!