Morty’s Programs
The Morty Platform has extensive loan coverage, supporting over 95% of originations. If you do not see the loan type you are looking for, reach out to us at support@morty.com.
Loan support for:
| Occupancy Type | Minimum Credit Score | Minimum Down Payment |
| Primary | 500 | 0% |
| Secondary | 620 | 10% |
| Investment Properties | 680 | 15% |
| Property Types |
| Single Family Residences 2-4 Family Residences Condos Co-ops Manufactured homes |
Loan programs available for:
Loan Type | Loan Amount | Minimum Credit Score | Minimum Down Payment for Primary Home | Maximum DTI |
|---|---|---|---|---|
| Conventional | $75,000 – $726,200 | 620 | 3% | 50% |
| Jumbo | $75,000 – $3.5M | 680 | 10% | 45% |
| HomeReady & HomePossible | $75,000 – $726,200 | 620 | 3% | 50% |
| FHA | $75,000 – $1,089,300 | 500 | 3.5% | 57% |
| VA Loans* | $75,000 – $726,200 | 580 | 0% | 45% |
| USDA Loans* | $75,000 – $1,089,300 | 620 | 0% | 46% |
| HELOC & HEL* | $25,000 – $350,000 | 620 | – | 50% |
* This program is not yet fully built out in Morty’s pricing engine or Morty’s application. In order to apply for this loan, a customer can select “Work with your Morty loan officer for additional support selecting a loan” once they are in the loan tab.
Additional Loan Program Information
Learn more about some specific types of loan offerings that you have access to with the Morty platform.
FHA vs. Conventional
Click below to learn more about these offerings.
Credit Improvement Services
Click below to learn more about this type of offering.
Home Equity Lending
Click below to learn more about this type of offering.
Down Payment Assistance Programs
Click below to learn more about this type of offering.
Temporary Buydown
Click below to learn more about this type of offering.
Non-Qualifying Mortgage Options
Click below to learn more about this type of offering.
Any description of a loan program contained herein should be considered a non-exhaustive summary of the loan program – please contact your PSM to determine a particular borrower’s eligibility. Information provided does not constitute a commitment to make or broker a loan. All loans are subject to borrower qualifications. Loan approvals are subject to loan program guidelines and lender underwriting, and are subject to change without notice.