Monday, June 13, 2022

No Money Down On This Mortgage...

 Mortgage Broker AdvisorHello!

Want to buy a nice home in the country or an outlying suburb with no money down?

Here’s a program that might work for you…

It’s called USDA, and here are some details on this program…

-Up to 100% of the Appraised Value – Total LTV of 102% –
-Difference of sales price and appraised value can be used for closing cost
-No Down Payment Required
-No Cash Reserve Requirement. No cash contribution requirement
-Unlimited seller concessions
-Unrestricted gifts, not necessary to document source, no seasoning
-First time home buyers allowed, but not limited to first time home buyers
-Non-traditional credit may substitute for lack of credit history
-Repair Escrow financed in loan up to $10,000 or 10% of loan

If you or someone you know might need this program, just reach out to our office.  We are happy to help!

That’s it!

Have a good day today!  …and thanks for reading.

Brett

Get Pre Approved For A Loan Here
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