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Zero Down Home Loans, Ramona

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Mortgage and Lending with Fairway Independent Mortgage, DBO/CRMLA #41DBO-78367, NMLS #2289 NMLS #274079

Zero Down Home Loans, Ramona?

You bet you can. Zero Down Home Loans? Absolutely. zero down home loan Can I still get Zero Down Home Loans?". The answer is YES, consider a USDA Loan. The United States Department of Agriculture provides home mortgage options for people buying a home in rural parts of California. Do not be too concerned by the term "rural". Most of the land area in California qualifies.

Zero Down Home LoansThe program has a long and successful history. The USDA provides home loan opportunities for families that are within the USDA guidelines and threshold for income. Again, do not be discouraged. The income limitations fall within 115% of the median income for the county of which you would like to purchase a home with even higher limits for each person living in the household. Please visit the USDA web site to see if your income qualifies.

While the buyer/applicants must have some credit the qualifications are actually somewhat modest with a minimum credit score of 620. This is a true ZERO DOWN PAYMENT loan and a qualified applicant could buy a home with zero cash. So, to answer the question 'Can I still get Zero Down Home Loans?' is yes, you can so long as you qualify.Zero Down Home Loans

When you are interested in buying a home, or, if you know anyone interested in buying a home, please contact me at chris@equityiq.net . I can quickly assist you in finding out if you qualify and assist in helping you find the right property for you. This loan also qualifies for rural families in need of a refinance that have little or no equity.

can Zero Down Home LoansThe big problem? The part that is too good to be true? Money! That's right, the USDA program often runs out of money stagnating the program. Currently the USDA is running on money alloted from congress but no one knows how long it will last. Call today if you are interested in taking advantage of this opportunity.

 

Posted by

Chris McBrearty View more properties 

 

Chris McBrearty, CMPS

NMLS #274079

cmcbrearty@peoplesmortgage.com

858-735-3512

People's Mortgage Company

7200 Parkway Drive, Suite 106

La Mesa, CA 91942

 

Robert Rauf
CMG Home Loans - Toms River, NJ

Chris, The USDA is often the BEST way to buy a home with little to no money down.  It certainly kicks FHA's Butt! 

Mar 01, 2011 07:55 AM