AMP MortGage
AMPOSSIBLE

Solutions for borrowers in the rent-to-own gap

Built for first-time homebuyers, self-employed borrowers, 1099 and gig workers, recent graduates and student-loan-burdened buyers, borrowers with credit issues, and borrowers who have recently relocated or started a new job

96.5% financing up to FHA loan limits

Down payment (3.5% min), closing costs and first payment documented

40-year amortization

12 months verified housing history (no history: 640 score + 3 mos. reserves)

DACA or borrowers who do not have SSNs (ITIN) eligible

U.S. citizens: notice of denial on a conventional or FHA application required

Gift funds allowed towards cash to close

580+ credit score required

Primary residence, 1–2 units, purchase only. SFR, PUD, townhome, modular and manufactured eligible; condos with FHA approval

Max PTI/DTI: 50% | 60%
