AREAS OF OUR EXPERTISE

Instant Loan Approvals / Fast Track Mortgage Services

Loan Origination

Raksha Mortgage is a top-notch mortgage origination with decades of experience in the industry. Our highly efficient team is committed to providing our clients with the best possible experience in arranging a mortgage tailored to their individual needs.

CREDIT ASSESSMENT

Whether you’re buying your first home or looking for a new property, there’s lots of stress and complications involved in mortgages and financing. That’s where our team comes in. We help our clients with all their Credit Assessment needs so they can enjoy the fun and excitement of buying real estate knowing they’re in good hands.

Get into your dream home with almost $0 Down payment

Whether you need help negotiating a mortgage or buying a new home, Raksha Mortgage can manage all your mortgage needs. We'll take the complications out of the process. You’ll be surprised by how easy the whole process becomes once we work together — contact me and find how our services can help you to find the best rate, term and almost $0 down payment.

HomeReady Mortgage by Fannie Mae

Designed for creditworthy low-income borrowers

Up to 97% to 105% loan-to-value (LTV) financing and flexible sources of funds

Innovative underwriting flexibilities that expand access to credit responsibly

Minimum Borrower Contribuition $0

1-unit principal residence, including eligible condos, co-ops, PUDs, and manufactured housing

Home Possible Mortgage by Freddie Mac

Home Possible mortgage offers more credit flexibilities to help low-to low-income borrowers attain the dream of owning a home.

Down payment can come from a variety of sources, including family, employer-assistance programs etc.

Low down payment with a maximum of 97% LTV, 105% TLTV

1-4 units, condos, co-ops and planned-unit developments; manufactured homes

PHFA Mortgage _ DPA Programs Borrower contribution lesser of 1% or $1,000

HFA Preferred: Purchase, 1 unit properties only, Borrower. DU eligibility only

Keystone Govt.: Purchase, Eligiblity DU, LP and GUS only, 1-2 Units Properties,

Key Stone Home Loan: Purchase, & New Construction, Eligibility DU, LP or GUS for rural. 1-2 Units Properties.

K-FIT & K-FLEX: Purchases must be combined with K-FIT, Manual UW for Gov't loans only, Income $180K for all counties, 1-2 Units Properties,

County-Wide, PA Down Payment Assistance / Grant Program

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Birdseed Down Payment Assistance Program: Max Assistance: Up to $15,000

True Grant/No Repayment.

Property must be located within Philadelphia, Liberty, Bucks, Camden, Chester, Cumberland, Delaware, Gloucester, Montgomery or Salem Counties.

Applicants must have been residents of the Philadelphia area OR a resident of DC, Maryland, and/or Virginia for a minimum of three year

Other ,PA Down Payment Assistance / Grant Program

Bucks County First Time Homebuyer Program – Administered by Bucks County Housing Group: Max Assistance up to $10K, deferred loan, not forgiven, 0% interest due on sale

City of Philadelphia – Philly First Home Program: Max Assistance up to $10K, forgivable loan - 15 year term

City of Spartanburg Homebuyer Assistance Program -Max assistance up to 5k ▪ Forgiven loan, 5 year term at 20% per year or due on sale

Chenoa Fund DPA for FHA Loans Program