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- ResMor Trust Company announced two new mortgages yesterday:
- CreditAssist: A mortgage with 95% financing for those with credit scores as low as 575, or 85% financing with a score over 539.
- Self Employed Simplified: A mortgage with up to 95% financing for commissioned employees or the self-employed. Just state your income. Minimal documentation is required. Note: Income stated must be “reasonable to the industry.” Minimum credit score: 600 for 75% financing / 700 for 95% financing.
You can amortize either for up to 40 years!
Contact us or any other professional mortgage planner for more info.