Future Income Loan
This is a fantastic loan for borrowers who have received and accepted formal employment offer but will not be starting their new job until a later date. This program allow borrower to close a loan as long as 120 days from when they will start their new job. What a great way to ensure you will have a home to live in before starting your job, and not have to make a double move!
- Max Loan amount: $424,100 in Maricopa County
- Down payment as low as $3%
- Available on 30 Yr Fixed, 20 Yr Fixed, 15 Yr Fixed, 5/1, 7/1 and 10/1 Yr ARMs
- Primary residence only
- First-time homebuyer is allowed!
- Property types: Single Family Home, Condo, Townhouse, Patio Home, 1-4 Units