Are Zero-Down Mortgages a Thing of the Past?
“So much has changed” “I miss miss the good old days” “Things aren’t what they used to be” These catch phrases apply to many situations… including mortgages. For those who haven’t gone through the home buying prices for many years, so much has changed concerning income, assets and credit scoring. One of the things that hasn’t changed is most loan programs require a percentage down to purchase a home. But is there still a zero-down product out there? Yes! There are several ways to get a zero-down home loan. USDA Rural Housing programs, VA loans for veterans, and FHA mortgages combined with down payment assistance all achieve the zero-down objective. Here is a rundown of the USDA program and what is...
Read MoreUSDA Loans are more popular than ever!
Is USDA Home financing right for you? Watch this short video clip to learn how USDA home mortgages stack up to the competition. If you want to buy a new home but don’t have a large down payment save up then USDA may be your only...
Read More
Follow Us!