WHAT IS AURORA DPA?
Aurora is an exclusive Down Payment Assistance Loan Program available at Orion Lending...
- Non-region specific Down Payment Assistance program.
- Offers both Repayable and Forgivable Options are available.
- Brings more potential homeowners HOME!
OVERVIEW
- 580 Min FICO
- DTI Per AUS
- 1-2 Units
- N/O Co-Borrowers Allowed
- Manual UW or DU/LP Allowed
- Forgivable 2nd – 30 Yr. Term Fixed @ 0%
- Qualifying Income Must Be ≤ 160% of Area Median Income
- Doublewide Manufactured Allowed
- 3.5% DPA FHA Program
- Forgiven After 36 Consecutive Payments
- 580 Min FICO
- DTI Per AUS
- 1-2 Units
- N/O Co-Borrowers Allowed
- Manual UW or DU/LP Allowed
- Repayable 2nd – Amortized 15 Yr. @ 2% Higher than the 1st
- Doublewide Manufactured Allowed
- 3.5% or 5.0% DPA w/ 1.50% Towards CC
- No Income Limits
TRAINING
HyperTrack is an educational forum for approved and prospective Broker Partners who are looking to stay current on Orion Products, Technology and Federal Regulations. Orion's courses are dedicated to promoting Broker success nationwide. HyperTrack is a trusted resource for developing your potential and helping you thrive. Below you will find the next training that talks more about Aurora DPA.
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