100 financing: 8+ ways to achieve 100% Financing - 08/03/08 09:37 PM
Since I work for a bank, we seem to have more loan options available to borrowers than typical broker shops or internet lenders. Below is a list of ways to get to 100% financing.
1) State Mortgage Revenue Bond Program
2) Employer Assisted Housing Gift - this is allowable by FHA (1 comments)
100 financing: MS Home Corps Bond Program - 100% Financing still available for 1st time homebuyers - 03/18/08 07:15 AM
Many states have bond programs that offer Cash Advances at closing to be applied towards Down Payment and/or Closing Costs. In Mississippi, we have the MS Home Corps Bond Program. It currently is offering a 3% Cash Advance for families that meet the income limits. If you are a realtor or (0 comments)
The purpose of my blog is to provide mortgage industry information that will help homebuyers obtain the best financing for their individual needs and to help realtors close more deals. Knowledge is power. With the changing of the rules within the mortgage industry, it is more important than ever for realtors to know basic credit guideline rules.
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