Flagstar Bank

Program Details

Loan Purpose

Purchase
Refinance

Loan Types

5/6 ARM
7/6 ARM
10/6 ARM

Property Types

Single-family homes
Condos
Co-ops
PUDs

Key Benefits

Up to 100% financing with no PMI
Can be paired with seller concessions for minimal out-of-pocket costs
Relationship pricing for Private Client members
Future income accepted — close up to 90 days before start date
Self-employed borrowers allowed
IBR student loan payments accepted
Loan recast available

Terms

Terms are 5, 7, and 10 year arms amortized for a 30 year term
Loan amount up to $10MM
Primary, Second home, and investment property eligible
Ability to close in an LLC

Terms are 5, 7, and 10 year arms amortized for a 30 year term
Loan amount up to $10MM
Primary, Second home, and investment property eligible
Ability to close in an LLC

Strengths

Our purchase and refinance strengths are the same we can finance up to 100% of the value and or price of the property without mortgage insurance

Strengths

Our purchase and refinance strengths are the same we can finance up to 100% of the value and or price of the property without mortgage insurance

Disclaimers

Program terms, availability, and pricing vary by borrower profile and state.
All loans are subject to full underwriting approval.
Product offerings and features may change without notice.
Not all applicants will qualify.

Disclaimers

Program terms, availability, and pricing vary by borrower profile and state.
All loans are subject to full underwriting approval.
Product offerings and features may change without notice.
Not all applicants will qualify.

Eligible Degrees

DDS/DMD

Fellow

Intern

MD/DO

CRNA

OTD/MOT

PharmD

DPT

DPM

Resident

= Eligible

= Not Eligible

Eligible Degrees

DDS/DMD

Fellow

Intern

MD/DO

CRNA

OTD/MOT

PharmD

DPT

DPM

Resident

= Eligible

= Not Eligible

Approved States

BANKER

No Banker Currently Available.

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