Equity Partnership Loans
Equity partnership loans are effective tools for increasing purchasing power, reducing risk through shared investment, and enabling growth in both real estate and business ventures.
Equity Partnership Loans
Equity Partnership Loans Are Good For:
This Loan Program was created to help a large percentage of population that have had credit or other challenges that do not fit in Agency Guidelines AND they do not have access to 30 percent or more of purchase price.
What is a Equity Partnership Loan?
Equity Partnership Loan Program was created to offer 96.5% Financing in the form of a FHA loan to a Housing agency that in turn executes a “Land Installment contract” setting the Client for success. Client gets to take advantage of appreciation and has the ability to refinance once the situation improves or minimum required time has passed. Among others, following borrowers can get 96.5%
Financing under this program
- ITIN
- Recent Bankruptcy or Foreclosure
- Tax Liens
- Large student Loans
- Choppy history of two Jobs
- Recent success in Business Revenue and Income
- And other challenges
This program requires a home inspection, Rent Housing history and satisfactory Appraisal Title.
Information provided on loan products is for informational and educational purposes only. Every loan product has eligibility guidelines, exceptions, exclusions and inclusions. To find out which loan product fits you best, you should consult a Mortgage Loan professional for tailoring your loan to your needs and your situation. FDM is qualified for all these loan products and more, including grants and other unique products.
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