Pre-Qualification Form
Government Assistance
Counseling Agencies
Guide for Professionals
Settlement and After
Rules for Refinancing
Avoiding Predatory Loans
Avoiding Foreclosure
Link to Manna, Inc
Home Purchase
Our primary purchase mortgage lender is Neighborhood Housing Services of America (NHSA), part of the non-profit NeighborWorks America. NHSA is a lending resource to over 230 non-profit organizations nationwide. NHSA provides services in areas that are underserved by conventional home mortgage lenders. Programs and loan underwriting, as noted below, are focused on the needs and financial profiles of very low, low and moderate income borrowers:
a. Up
to $3000 in closing cost grant funds from our bank partner, Citibank
b. Borrower
cash contribution of as little as $500
c. True
30-year fixed-rate mortgages
d. 1-4
family houses, condominiums, and PUD’s
e. Competitive
rates and low fees
f. Flexible
credit score underwriting
g. Flexible
debt to income ratios
h. Alternative
credit histories are allowable
i.
Subordinate financing with HPAP can be
used up to105% combined loan-to-value
j.
Prior bankruptcy allowed if discharged 2
to 4 years before new loan settlement
Manna Mortgage also provides a full range of other fixed rate loans up to 100% of the purchase price with low fees and competitive interest rates. Owner-occupied and investor loans available.