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Website Has Moved www.SparrowHomeLoans.com
Mortgage Options
![Wooden Floor Living Room](https://static.wixstatic.com/media/11062b_3d0ae360919b4ae6aec39052e38e4a83~mv2_d_3840_5760_s_4_2.jpg/v1/fill/w_111,h_166,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/11062b_3d0ae360919b4ae6aec39052e38e4a83~mv2_d_3840_5760_s_4_2.jpg)
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Requires a minimum of 3-5% down
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Stricter with their rules; they like 740+ credit however credit in the mid 600s does work as well
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This program does want lower debt ratios
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More lenient with documentation and questions
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Higher in rate compared to government loans
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Mortgage insurance is not required if putting 20% or more down
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If putting less than 20% down, your MI is based off of your credit score, DTI, LTV, and a few other factors
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![Suburb Houses](https://static.wixstatic.com/media/11062b_70352b9c7b114f67a7628105da8e2057~mv2.jpg/v1/crop/x_638,y_0,w_3444,h_3444/fill/w_71,h_71,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/Suburb%20Houses.jpg)
other terms apply - mortgage programs and guidelines do change. please reach out to get more information on programs and which ones you may qualify for.
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