Special offer

No money down loans still available?

By
Real Estate Agent with George & Company

Are no money down loans still available? I don't know! But I do know that if you're a first time buyer, you can still get 99.5% financing! All you have to have is a 640 credit score! The .5% could could be a gift from a family member and the seller could cover all the closing cost.

That means if someone was buying a house for $200,000, they'd only have to put down $1000!

Isn't that amazing?

I can't think of a better time to buy! Great loans, great interest rates, homes priced at an all time low!!!

 

IT'S DEFINITELY A BUYER'S MARKET!

Josh Murphy
Windermere Peninsula Properties - Belfair, WA
Belfair WA Real Estate, 360-710-3972

In my area there are still a few 100% financing loans available. Our USDA one is the most popular for our first time homebuyers

Apr 02, 2009 09:21 AM
David Width Jr.
Little Egg Harbor, NJ

I think that is still a good thing, however it is a scary thing also. The good thing with a program like the USDA Fedareal housing 100% financing program is that the rate is fixed. This well help people get into a home that don't have much money down or are looking to make repairs/upgrades when they first get into the home. I think these programs are great, when the shoe fits.

Apr 03, 2009 03:20 AM
Nick Good
The Good Home Team with eXp Realty - McKinney, TX
www.TheGoodHomeTeam.com

In my area also there is still 100% financing for certain counties.  Check the USDA website.

Apr 03, 2009 11:47 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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