The Flex Down Payment Mortgage Program

The Flex Down Payment Mortgage Program

Individuals who have a proven record to be able to manage their debt
effectively and are making a good income but have not been able to save
for their down payment.

The Flex Down Mortgage Program allows the borrowers more sources to
obtain their minimum 5% down payment. Eligible sources of down payment
can be:

* lender cash back incentives
* personal loans, lines of credit or credit cards
* gifts or grants from any party that is arm's length

Good credit history with a qualified Beacon Score is required.

Insurance mortgage premium is 3.4%