Coming soon in July: WFA 2.0 FHA! This new product will provide borrowers with a unique affordable mortgage program. WFA 2.0 FHA combines an affordable first FHA mortgage up to 95% LTV (CLTV 105%) with a DPA second mortgage. WFA 2.0 FHA highlights include:
Competitive rate on the first mortgage
DPA second mortgage is a 0% deferred mortgage
WFA 2.0 FHA is available statewide
2-unit properties in addition to single families, condominiums and PUDs
Stay tuned for our upcoming Product Announcement, which will provide more information including a product matrix and Household Income and Acquisition Cost limits for the NEW WFA 2.0 FHA Product.
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