One of the more common misconceptions when it comes to buying a home is that you need to save 20% for a down payment on a home.
Complete the short questionnaire above to determine which no money down home loan options may be available to you. We offers a full suite of lending options with little or no money down.
As a USDA-Approved lender, we have the ability to fund loans that are backed by the United States Department of Agriculture. Sometimes referred to as "rural development" home loan. USDA loans require 0% down.
VA home loans are backed by The Department of Veterans Affairs. VA Program financing with 0% down payment available, 30-year or 15-year fixed-rate terms and no monthly mortgage insurance.
Federal Housing Administration (FHA) requires down payments as low as 3.5%, minimum FICO score of 580. Seller can contribute up to 6% of borrower's closing costs
Down payment assistance is money that is used to help you with your down payment and closing costs. There are many forms of down payment assistance programs, such as grants administered at the state and local level, forgivable loans, and matched savings programs.
