Forward Lending - Wholesale Lending for Mortgage Brokers

844.941.5626

FHA Fast 100 &
Fast 100 Plus

100% CLTV Loan, DPA Program |  Exclusive to Forward Lending

100% CLTV, DPA Program for FHA

FHA Fast 100

Highlights include:

  • FHA DPA
  • Purchase Only
  • 2/1 Buydown optional available (24-month term)
  • No maximum income restrictions
  • Min FICO 620 – DU Approve/Eligible (no manual underwriting)
  • No First Time Home Buyer Requirement
  • Non-occupied Co-borrowers allowed per FHA guides
  • DTI – Follow AUS – Approved/Eligible
  • One borrower must complete HUD approved counseling
  • 96.5% Max LTV with 3.5% DPA (100% CLTV)
  • Zero payment on the 2nd TD
  • Second Mortgage lien forgiven after 10 years
  • Conforming and High Balance Loan Limits Available
  • Borrower’s minimum contribution of $0.00
  • 100% CLTV FHA Loan (Combines 1st and Subordinate Lien)

 

FHA Fast 100 Plus

Highlights Include:

  • We offer all the same Highlights as the Fast 100 with the exception of Loan Payment terms. 
  • 100% CLTV FHA Loan (Combines 1st and Subordinate Lien)
  • 2nd lien with an interest rate 2% greater than 1st lien
    • Payment amortized over 10 years
    • Monthly payments required
  • Min FICO 620 – DU Approve/Eligible
  • Manual Underwrite Available, Min FICO 660
    • Not available with Buydown option
    • Follows FHA guidelines
  • Conforming and High Balance Loan Limits Available
 
Restrictions may apply, please speak with your Account Executive for full details on these programs. Forward Lending is not affiliated with or acting on behalf of or at the direction of the Federal Housing Administration or the Federal Government.  
 

Available on TheTrack, our TPO portal technology where you can register, submit, and disclose in minutes.

Learn More

Have a loan that you want to discuss with our experienced team?  Drop the details here. 

No Speed Limits here.  Your Forward Lending TPO submission portal reduces days to close by being fast and efficient. 

  • Get on the Forward Lending TPO Track and find out why our portal LAPS the others. 
  • Get Pricing immediately on our Prime and Non-QM Programs. 
  • Run Credit, DU/LP separately or at the same time. 
  • Run Credit, DU/LP separately or at the same time. 
  • Disclose your loan immediately or Quick Submit, up to you. 

We keep you on time, on track, and ready to close!

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