Little to No Money Down Mortgages Are Still Available!

Little to No Money Down Mortgages Are Still Available!

There is so much talk these days concerning the added income, assets and higher credit score it takes to qualify for a mortgage. Perhaps one of the most misunderstood conceptions out there today suggests home buyers will need at least 20 percent down to qualify for a mortgage. That could not be further from the truth. The truth is, home loans are still available with little to no money down. There are several ways to get a little to no money down home loan. USDA Rural Housing programs, VA loans for veterans, and FHA mortgages are some of these programs Here is a rundown of the USDA program and what is required. USDA Rural Development Home Loans USDA loans are 100 percent zero-down mortgages designed to make it easier for people to buy homes in rural areas of the...

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