NO DOWN PAYMENT HOME LOAN OPTIONS!
USDA Rural Development 100% Loan Program
The mortgage industry has created multiple barriers to homeownership. Guaranteed loans are flexible to accommodate clients who need 100% financing, expanded ratios to qualify, and flexible credit guidelines.
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100% LTV financing with no mortgage insurance.
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Expanded qualifying ratios and flexible credit guidelines to purchase affordable homes.
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No maximum loan amount.
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Include closing costs/repairs/renovations in the loan.
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No need to increase contract price for seller paid closing costs.
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No monthly mortgage insurance (MI).
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Maximum loan amount is 100% of the appraised value plus the one time guarantee fee of 2% (up to 102% LTV)
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No minimum credit score.
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Not limited to first-time home buyers.
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Competitive market based fixed interest rates with 30 year term.
Eligibilty for Buyers:
- Have an adjusted household income that is within Rural Development guidelines based on the number of persons who will occupy the home.
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Purchase a residential property that is located in a Rural Development eligible area.
WCDA 100% Financing -CLICK HERE and be linked
to the WCDA Page to find out more about this NO DOWN PAYMENT loan!
VA -Veterans Benefits Program 100% Home Loan
Choosing a VA Home Loan offers a number of money saving benefits that are not available with a conventional loan. While the VA Home Loan Program will receive over $6 billion in funding this year alone, less than 10% of eligible individuals will take advantage of these benefits.
VA Home loans provide a variety of benefits including:
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No private mortgage insurance (PMI)
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No down payment requirement
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Lenient qualification standards
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Lower monthly rates
To qualify for a VA loan you must have been or are in the Military
- A number of factors contribute to the service time requirement, including if you are reserve or active. During wartime you need to have served 90 days and during peacetime you will need 181 days. This can differ depending on different circumstances, but it is a good rule of thumb.
- You must be able to provide a COE (Certificate of Eligibility)
These are 3 fantastic opportunities to start looking for a home with No Money Down!
So if you're interested in buying a new home then you can start the home buying process today!
CLICK HERE NOW and you can complete my FREE and CONFIDENTIAL Loan Application. Once we determine how much home you qualify for, then we'll set you up to start receiving ALL The Casper Area Homes for Sale from all the real estate offices! We'll show you homes of interest and find the home you've always wanted!
If you have already secured your financing and you're ready to start receiving property listings in your buying criteria, then sign up Today for my Free Property Alert service and know about the homes before the average buyer will!
To request more information on any of these 100% Home Loan Options, Simply complete the requested information below to find out more about these great options!
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