Credit Issue Loans

Subprime Loans- are conventional mortgages for borrowers with credit issues.  All types of credit are reviewed under subprime loans.   The following are loan details:

	100% no money down (depending on credit)
	Minimal money down (usually 5%)
	New or reestablishing credit
	Variety of subprime rates and programs
	Down payment must come from borrowers own funds
	Can not own more than 11 other single family properties
	Closing cost can be financed into the loan (depending on program)
	No mortgage insurance.