CornerStone Homes partners with several mortgage lenders who can help with the financing of your new modular or custom site-built home in Northern, Indiana.
FHA Loan Requirements:
- FICO® score at least 640 = 3.5% down payment.
- MIP (Mortgage Insurance Premium) is required.
- Debt-to-Income Ratio < 43%.
- The home must be the borrower’s primary residence.
- Borrower must have steady income and proof of employment.