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How it works!
100% Financing – No down payment
Large down payments can be a significant obstacle to homeownership. Our Partner offers a 100% financing solution to responsible borrowers who are ready to buy their dream home, but don’t have the down payment.
Requirements:
Requirements:
- Good credit
- Purchasing primary residence
- No other real estate owned
- Contribute $1000 or 1% of the sale price (whichever is less)
FHA – Low down payment
FHA(Federal Housing Authority) loans are insured by the federal government and have more flexible requirements for down payments, income qualifications and closing cost contributions.
Features:
Features:
- Low down payment requirement of 3.5%
- Available in 15- or 30-year fixed rate mortgages
- For purchase or refinance of primary residence only
Remember, even if you had a FHA mortgage in the past, you can qualify for an FHA mortgage new FHA mortgage every three years.
Please Note: Your information will be shared with our referral partners.