Nations Direct Mortgage

FHA

FICO® starting at 550

W-2 & Paystub Only Allowed

Self-Employed Borrowers Allowed

Highlights

  • Refer/Eligible Manual UW Allowed
  • No tradelines required with AUS Approve/Eligible
  • Primary borrowers with 1 FICO® Allowed
  • Non FICO® Co-Borrowers Allowed
  • Manufactured Homes Allowed
  • Spot Approvals Allowed

Products

Standard Balance
30yr/25yr/20yr/15yr Fixed

High Balance
30yr/25yr/20yr/15yr Fixed

Resources

Click Here for Custom White Label Flyers

Matrix

FHA Standard Matrix Thumb

Agency Guidelines

HUD FHA County Limit
HUD FHA Approved Condo
HUD 4000.1 Handbook
HUD FHA FAQ
HUD FHA Announcements
HUD FHA Mortgagee Letters

Forms

Buydown Calculator Job Aid for Brokers

Buydown Calculator

Initial 92900A – FHA Guide

FHA Case # Request

FHA Case # Transfer Request

FHA HOA Cert

FHA Streamline Worksheet

FHA
Streamline

No Income!

FICOs starting at 550

No Income

No Assets Verified

Highlights

  • No Appraisal Required/No AVM
  • 2nd Home/Non-Owner Allowed

Resources

Click Here for Custom White Label Flyers

Matrix