A conventional mortgage that employs Federal national mortgage association or Freddie Mac computer guidance enables you to use your money-depending fees bundle

A conventional mortgage that employs Federal national mortgage association or Freddie Mac computer guidance enables you to use your money-depending fees bundle

Ok, in order for told you, why don’t we have a look at solutions. That is where you have already been. Are you aware in case the financing manager tested this option?

Really don’t understand information on your role, however, Traditional money allows you place only step three% down, that is notably less than simply FHA. The newest bad case are an excellent 5% down payment.

Here’s my personal last think, and it is a lengthy attempt, nevertheless my work. Whenever you can be eligible for fully amortized fee to own FHA, whenever you rating a page away from Navient claiming exactly what one payment would be, just be able to get one to closed regarding of the an enthusiastic underwriter.

In the event that not one of them solutions will work, therefore genuinely believe that you’ll miss the 15th close go out, the only almost every other thing I can render should be to expose you in order to that loan officer who’s experience with these pointers to own a second thoughts. Continue reading