No Money Down Loans
Purchase a home with little or No Money down mortgages!!
We will help show you the way to buying a home even if you have little or no money with one of three programs:
FHA: FHA Mortgages may be the right choice for you. Backed by the Federal Housing Administration, FHA loans are available to borrowers with less than perfect credit and give options to many who thought they would never qualify for a mortgage loan. They also allow for you to get a gift from a relative for the entire down payment and closing costs. With as little as 3.5% down, you can not only buy your dream house, but with a special FHA 203k mortgage, get money for a rehabilitation mortgage to make the house the home of your dreams.
VA Loans – Veterans and active duty members of the US Military may qualify for 100% mortgage financing through a loan insured by the Department of Veterans Affairs. This is an excellent option even for those with less than perfect credit and a true no money down mortgage. Since VA Loans are government backed, banks do not require you to buy Private Mortgage Insurance. In most parts of the country, veterans who qualify for the VA Loan can purchase a home worth up to $417,000 without putting any money down.
USDA Rural Housing Loans – If you are purchasing a property in rural area, you may be able to obtain a USDA mortgage which can be used to finance up to 100% of the home’s value. USDA home loans are 100% guaranteed mortgages, backed by the United States Department of Agriculture. The mission of the USDA home loan program is to assist low to moderate income families and individuals and to help them achieve the American Dream of owning their very own home. The United States Department of Agriculture does this by partnering with local lenders, extending 100% financing opportunities, along with countless other benefits.