Additional Products and Services
State Bond Programs
Windsor Mortgage works with a variety of different state programs to provide loan options that fit your client's unique situations and budgets. Below are the states we have partnered with. This list will continue to grow, so contact us today if you do not see your state listed!
Note: Programs are NOT available in all states. Reach out to your Account Executive with questions and clarifications.
State Programs Available:
- Arizona
- California
- Florida
- Iowa
- Kansas
- Minnesota
- Nebraska
- Pennsylvania
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- More coming soon!
Zero Flex Program
Experience the Windsor Zero Flex program - an innovative 1st and 2nd mortgage structure that secures 100% financing for dream homes. Ideal for brokers and their clients, even with less-than-perfect credit or limited funds. Unlock homeownership opportunities with Windsor today.
- ZERO down payment
- Low mortgage insurance adjustments
- No income limitations
- Lower FICO scores accepted
- Competitive interest rate on second mortgage
- Not limited to first-time homebuyers
The second mortgage has a term of 10 years with an amount of up to 3.5% of the sales price or the appraisal price, whichever is less.
Please note that the Zero Flex program is not available in the states of New York, Kentucky, and Washington.
Temporary Buydown Programs
Lower your borrowers' initial effective interest rate by up to 2% at the beginning of their loan.
Help your borrowers start off strong with a lower monthly payment through the Windsor 1-0 and 2-1 Temporary Buydown programs, offering a lower bought-down rate at the beginning of their loan. This is a great option for borrowers who have excess seller concessions to use or expect an increase in their income over the next few years.
Take advantage of a low fixed rate today!
Available for:
- Conventional primary and secondary home purchases
- HomeReady®, HomePossible®, and High Balance
- Available for VA and FHA
Seller-paid buydown options
- 1-0 buydown- the effective rate is 1% lower in the first year. At the beginning of the second year, the full note rate will apply.
The borrower must qualify for the full monthly payment (before the buydown rate is applied).
Seller concessions are deposited as a lump sum into a buydown account. A portion of this sum is released each month to reduce the borrower’s monthly payment.
Windsor 1-0 Temporary Buydown is not available for Windsor National DPA or USDA programs, investment properties, cash-out refinance, or R/T refinance currently. Information is subject to change. Certain restrictions apply. Subject to borrower approval.
Available for:
- Conventional primary and secondary home purchases
- HomeReady, HomePossible, and High Balance
- Available for VA and FHA
Seller-paid buydown options
- 2-1 buydown- the effective rate is 2% lower in the first year and 1% lower in the second year. In the third year, the full note rate will apply.
The borrower must qualify for the full monthly payment (before the buydown rate is applied).
Seller concessions are deposited as a lump sum into a buydown account. A portion of this sum is released each month to reduce the borrower's monthly payment.
Windsor 2-1 Temporary Buydown is not available for Windsor National DPA or government programs, investment properties, cash-out refinance, or R/T refinance currently. Information is subject to change. Certain restrictions apply. Subject to borrower approval.