CCM Bye-Bye PMI - DMV Area
CrossCountry Mortgage's proprietary Bye-Bye PMI program: put down less than 20% and skip PMI anyway. No monthly mortgage insurance - ever. No upfront mortgage insurance - ever. The MI line item simply is not there - for buyers who qualify. The first conversation is free and starts with a soft pull that does not affect your score.
Get my free analysisFree and no obligation. Tell us how to reach you and we will check your eligibility and build your personalized picture - no credit pull to start.
Thanks - we have your details and will reach out shortly to check your eligibility and build your picture.
The conventional rule most buyers accept without question
Conventional wisdom says: put down less than 20% and you pay PMI. CrossCountry Mortgage's Bye-Bye PMI program breaks that rule for buyers who have put in the work - strong FICO, clean file, ratios that qualify. A conventional loan with no mortgage insurance payment on your statement. Not monthly. Not upfront. Not ever. The eligibility requirements are real and firm - we walk through every one in the first call so you know exactly where you stand.
What Bye-Bye PMI gives qualified buyers
The MI line item simply is not there. No monthly premium. No upfront premium. You never pay mortgage insurance on this program. We walk through the complete cost comparison against standard PMI and FHA options in your consultation so you see the whole picture.
Put down less than 20% and skip PMI anyway. The program covers the LTV range above 80% up to the program ceiling - for eligible borrowers per current guidelines. More cash stays in your pocket at closing.
The program works with both conforming and high-balance loan amounts - covering a wide range of DMV area purchase prices. 30-year fixed term, primary residence only, per current program guidelines.
Your road to keys - no MI on the statement
We verify your FICO, DTI, occupancy plans, property type, and loan amount against the program requirements. Most buyers who have maintained a strong file will know in the first call whether they are in range.
We review your full file picture - credit (soft pull only), income, and loan structure - and compare Bye-Bye PMI to standard conventional PMI and other alternatives side by side.
Bye-Bye PMI requires an AUS DU or LP Approve/Eligible finding - no manual underwrite permitted. We run AUS early to confirm program eligibility before you are in contract.
Pre-approved with AUS confirmed, you shop with a clean, strong offer. We manage the loan through appraisal, underwriting, and closing - keeping FICO, DTI, and LTV within program parameters to the keys.
Your team
Good questions
On this program you never pay mortgage insurance - no monthly premium, no upfront premium. The MI line item simply is not there. We walk through the complete cost comparison against standard PMI and FHA options in your consultation so you see the whole picture and can make an informed decision.
The program requires a minimum FICO of 740 per current guidelines. We verify your qualifying credit score in the soft pull at the start of the first call.
Yes. The program requires a back-end DTI at or below 43% per current program guidelines. We calculate your DTI in the first consultation and flag any items that might push it above the ceiling so we can address them proactively.
1-2 unit SFR, condo (warrantable), and PUD. Ineligible: 3-4 unit properties, non-warrantable condos, co-ops, leasehold, and manufactured housing. Puerto Rico is ineligible under the program.
The first conversation starts with a soft pull - a soft credit check that does not affect your score. A hard pull is required only when you formally apply, and we do that only when you decide to move forward.
Find out if you qualify
Free and no obligation - eligibility check included in the first call.
Free and no obligation. Tell us how to reach you and we will check your eligibility and build your personalized picture - no credit pull to start.
Thanks - we have your details and will reach out shortly to check your eligibility and build your picture.