NEW 1% DOWN conventional loan in all states (no PMI required!)

Video quality	The size	Download

Information NEW 1% DOWN conventional loan in all states (no PMI required!)

Title	:	NEW 1% DOWN conventional loan in all states (no PMI required!)
Lasting	:	14.14
Date of publication	:
Views	:	159 rb

Yeah we are definitely in a bubble
Comment from : crunch9876

hey buddy looking for a crib in AZ can you message me
Comment from : Erik C

I live in California😢
Comment from : Cesar Avalos

Why is he using unrealistic home prices?? Where can you buy a home for 300k?? San Diego average price is 700k
Comment from : jose09841

The plus 1 loan is a TRAP
Comment from : Guillermo Lazala

Hello, what’s the DTI on this loan in order to qualify? I’m in Kansas do you have a list of lenders who have this program available?
Comment from : Tokeysia Bledsoe

My biggest fear is the closing cost Because the new build I'm looking at is 325k, so I can do the 1, but its all that money at the end Seems like they dont want to help with that :(
Comment from : C Dubz

The trick that you mentioned about excluding income to qualify sounds illegal, it will exclude some of the actual folks for whom the program is meant and include folks who can afford to bring a higher down payment to closing
Comment from : Jiten

Am looking for a townhouse found one the price is $150,000 my credit is 630 & 651 they loanperson tell me yes you qualify hes like you need $15,000 in your Bank for the downpayment is $10,000 & $5,000 closing what happen to the 1 really
Comment from : Bill of Rights

No PMI but is there MIP?
Comment from : Braeden Nelligar-King

Can a chapter 7 two years out use this loan?
Comment from : Zen Jenn

So If I put 5down do they put 12 down???
Comment from : theRealDeal

High prices, and high interest rates would make it unaffordable in my area of SoCal
Comment from : Richie Lopez

Oh boy i need a crash Disabled senior survivor benefits so what can I afford on 12,000 a year income Not even dirt
Comment from : Katrina Carson

If they can't afford a 35 - 5 down payment, how can they afford the monthly mortgage?
Comment from : Toby Huynh

Does it include manufactured homes
Comment from : Jay Cole

wouldnt i have a high monthly mortgage payment since im only putting 3 percent down? usually if the downpayment is higher you lower your monthly mortgage from my understanding
Comment from : Sol Rezzz

can i use this loan to buy a new construction home?
Comment from : Sol Rezzz

Closing cost isn't the worry it's the monthly note
Comment from : JustDave

Dang that max just took us out😢
Comment from : lance2009

So on this type of loan, on a 350k home in ny (not nyc) assuming I put 3k down and get the other 2k grant, would this be a huge monthly mortgage pmt? Ballpark with 700+ credit what woul I be looking at (I realize this would just b an example)
Comment from : Jenni C

So what if I own my current home with no mortgage, would I still qualify for the 1+ program if I wanted to buy a new home and make the new home my primary residence?
Comment from : DCB Family Adventures

Is the income limitation household or member?
Comment from : Josh McDaniel

Yeah but what’s the average rate on this loan?
Comment from : Josh McDaniel

Is it an income that has to be under 80 before taxes or after taxes paid? Thank you
Comment from : Anhelina Bodnar

❤ in love of your videos and passion 😍 Can you talk about Miami Florida
Comment from : P Plastica

I haven't watched your videos in a few months Just wanted to tell you that you look so handsome Something changed
Comment from : shada hampton

My credit card company offers me my FICO score Is that the same score as what a mortgage would use?
Comment from : Michael Day

Well done 🙏🙏🙏
Comment from : rene chantal Rene

Thanks!
Comment from : annie lin

I will call thank you!
Comment from : annie lin

You gotta pay for the calculator just got Zillow their affordability calculator is free
Comment from : Tstark

Hi I would love more information about this please
Comment from : Mila Miranda

Key Kyle, thank you so much for the helpful information and thoughtful, easy-to-understand explanations I have a question I was just approved for this exact program I received a $4,000 forgiveable grant (184 of my purchase price), and I am adding another 116 of my own cash to put towards the down payment My question is in regards to the PMI I am currently quoted for about $180 monthly mortgage insurance How do I avoid this? My agent is telling me the only way to avoid the PMI is by putting 20 down at closing Thanks!
Comment from : Jonathon Tirpak

South florida Single 65k salary How screwed am i? I have 30k in savings
Comment from : Jim Bob

Hey Kyle we are already Pre-approved for a conventional loan but I don't feel the lender is telling me about all the programs that I qualify for I would love to work with your team ! Can you please help
Comment from : Shacora Paramole

What about DTI?
Comment from : Acacia Williams

Even in Indiana as a first time home buyer?
Comment from : Jake Gentry

Hi Kyle, It is 2 of help, but up to 4k only So, in a 200k, you get the 4k, but in 300k you will get the same amount 4k, no more PMI it is required unless borrower buy it using that 2 help If I am wrong, which I could, please provide a link to direct your audience to Freddie mac or Fannie Mae official page to confirm all you are saying here Otherwise, you creating confusion here Many lenders are offering this program, but once again, 2 help with the maximum of 4k Thanks !!!
Comment from : Yoanny perez castillo

Your videos are always super helpful keep up the good work sr🙏🏼
Comment from : MANIFEST MILLIONZ

Hi Kyle, wow great info! I’m feeling hopeful now… However I have a few questions I hope you would be able to answer for me:br#1) Is there an expiration date for this offer/grant?br#2) I’m planning to retire beginning of 2024, however, I was thinking of starting the pre-approval process this October 2023 My question is, should apply in Oct while I’m still working, or wait until I’m actually retired?br#3) How many lenders can I use to get pre-approved? For example, if my realtor recommends a lender and I do the process with them, but I also want a do it with you, is there a difference? Would one lender find better options from another lender?brThank you in advance for your reply!👍
Comment from : SC1234 SC

Compared to a usda loan which do u think would be better?
Comment from : Lewis Powell

Is this the rocket mortgage loan option or is this different(offered by different lemder)?
Comment from : Miguel Rodriguez

Mortgage going to b like 10k a month 🤣🤣🤣
Comment from : Nanoverse Productions

Your going to be paying interest through the roof
Comment from : Buckie Fairweather

What if you have 2 jobs, can you only use 1 job to qualify?
Comment from : Queen Wdg

Hey Kyle! If I were to apply for the mortgage loan on my own, would I need to include my husband's income as well to calculate the income limit?
Comment from : Chellii

Hi Kyle, does this apply to non-warrantable condos?brThanks
Comment from : Jacky G

I have already buy a house I am living in , I wanna buy second house to rent it how I can do that any information please thanks
Comment from : Hamid Hassan

What exactly does 3 equity at closing mean?
Comment from : Jamal Aljabal

does this work for condos?
Comment from : Angel

10:14 the fact that this was even mentioned speaks volumes what could go wrong with having no equity in your house during a record high in housing costs to those truly considering this option, i hope you're fine with paying more in interest than the home is worth that's if you still have your job within the first year of owning it and if you need to get a special loan cause you can only put down 1, you probably don't have an emergency fund its like the car dealership offering zero down on a new car you really want you pay the interest on a depreciating asset, they get their cut, and you get to feel good about yourself until you can no longer pay for any of it
Comment from : Gabriel N

Concise and smooth explanation Thank you!br Do you originate loans in California?
Comment from : Anthony Flores

For your pre-approval process, would it be a hard or soft inquiry?
Comment from : james smith

I’m a Realtor in the Winston Salem/Greensboro area and a huge fan 😂 if you have buyers in my area I’m here for ya ! Marsha Riffe Fathom Realty 😊
Comment from : 1966marmar

If you live Florida you’re going get wrecked by the state’s outrageous required homeowners insurance
Comment from : erik dennard

can you get a loan with bad credit if you have more than the 1 our current mortgage company screwed us and is playing games with us ruining our credit please help
Comment from : Brian Winger

I have money to give on a down payment but i have ZERO KNOWLEDGE ON HOW TO BUY A HOUSE
Comment from : la loba2030

Is it true the grant is only up to 2 or $4k?
Comment from : Cesar Q

Im aware of large deposits getting flagged But what if it's a transfer from brokerage account? With history of transfers from same account Thanks
Comment from : Juan Suarez

this seems like 2008 20
Comment from : Henree

Did you mention the lender? I had to look it up Is it Rocket Mortgage?
Comment from : Maria Evora

If your income is too high (barely) for a home ready/home possible loan does this mean you will be required to go from 3 to 20 down on any home you want to buy or is there any other conventional loans with 3-5 down payments available for first time buyer?
Comment from : mikesshs

What is the next closest program like this that would allow for a 450k house? I live on long island ny
Comment from : Jenni C

I really wish people would stop saying you cant afford to live in California for under whatever amount they love to say I am currently in contract with a 3bd 2ba 1400 sqft on 10ksqft lot for 285brbrI went USDA and since the property appraised for more than the asking price I was able to roll all closing costs into the loan for 0 at closing Just had to pay for inspections In California
Comment from : Cyndi Greenwood

I plan on moving to Wisconsin I am selling my home in OklahomabrAnd just have social security for income and it's about $1,000 monthbrBut will have some cash for down payment etcbrIs this loan possible for me?
Comment from : Ricky Phillips

Does this loan work for new construction?
Comment from : Baba Asar

I love it Battle between our natural urge to buy an expensive home or be reasonable and kick the landlord to the curb Only time will tell, Who will come on top If subprime hasn't shown us a repeat I would call it a short squeeze on the lender, last effort to make a few more bucks
Comment from : vithaya phetphanh

Can you use this loan to purchase a duplex?
Comment from : Aaron Oetting

Would self employed qualify for this type of loan?
Comment from : Mikes OC Remove Junk

Ok, I'm looking to buy in the metro Atlanta area and homes are above $350,000 I make a little too much to qualify and I'm working on my credit (though I'm sure it's above 620) and I'm paying down debt, but I really don't want PMI, is this the only product that will remove the PMI and lower the DP?
Comment from : Carla Knowles

Hello Kyle,brbrI am curious to know whos the investor for this loan Is it being sold on secondary market And whos paying the grant actually
Comment from : Ssultan586

What kind of interest rate does this have ?
Comment from : Casey Guzman

I wish this was available for small multi-family
Comment from : Send A Raven

Can you say "Another real estate/bank collapse"
Comment from : morgan madison

putting that much down wouldn't it raise your mortgage by a lot be it if its anything under what people normally put down which I think its 20 so anyone wanting to afford a house must either be rolling in cash or can afford a mortgage that'll be super high? so wouldn't any of these programs hurt in the long run since your mortgage would be the same or more as paying rent in a expensive place?
Comment from : Otakus United

History will repeat itself!
Comment from : Enrique Duarte

I am a veteran do I still have to put money down
Comment from : James Bell

i need something like this
Comment from : mujjuman

This will cause a lot of people to be underwater if you can only afford 1 you are a renter not a buyer
Comment from : Tim and Hannah Newman

Can you use this loan to buy a manufactured home?
Comment from : Lan B

Woah I can afford 150k house Watch our world, I’ll be renting forever!
Comment from : Isaiah

If you can only afford 1 down, you can't afford the house We are definitely heading for another housing crash, huh?
Comment from : Tird Kat

For this loanYou can't make more than 80 of the median income for that area So good luck finding a home u can affordunless you like having bars on your windows
Comment from : backrack01

Even if this is true…why put 1 percent down, living on rice and beans at 6 to 7 percent interest rates
Comment from : alfred cho

Let's say I used this program to purchase a primary property Am I required to stay at this property for a significant amount of time till I can purchase another primary property?
Comment from : Mo Doza

Thanks for all the information you provide Kyle it's very helpful! I have a Pre Approval with your Team already but for an FHA due to expire in 10 days maybe I can get pre approved for this program?
Comment from : LouieTheFrenchie

This was the precursor to the 2008 collapsebrbrbrY’all don’t learn Do you?
Comment from : webbgroup

What about the new policy in place penalizing people who have good credit and those with bad credit get better rates! I just don't see how in brCA anyone can afford a 750k house with high ass interest Wait till these prices go down 30 because thats what It was 2019 and prior Anyone saying otherwise, youll see
Comment from : Janet

Mortgage rate highest, don't make sense unless payments cheaper than renting Unlikely
Comment from : Panda Digital Love

Wowwhy don't you go to rent a center to furnish it when your done
Comment from : J R

Thanks, great info
Comment from : Wayne P

What is the DTI for the 1 loan This is my issue, I have a house that I inherited but the taxes on it is extremely high, I don’t live in the home as it is in a different city than were I live, so it is just sitting because it needs work, I can put a renter in it once I repair but I’m not even qualifying for cash out on it, and I’m unable to purchase a home because the taxes is putting me over the DTI ratio I make over $46,000 a year and have a 680 credit score, but cannot get qualified because of my DTI I really would like to buy a house 😢
Comment from : Toya the Explorer