Most people are unfamiliar with the fantastic options that buyers have in this market for Zero Down Purchases. This isn't the days of sub-prime, where anyone could get a loan with zero down, these programs are tried and true programs that have endured through the collapse of the market. What's more, not everyone can qualify for these programs, but they are available to select borrowers--qualification will be up to your mortgage professional; if you need a few ideas, give me a call. Here are two ways you can purchase for zero down in the Boise Area:
Zero Down Homes in Boise, Idaho
1. VA Loans. The Veteran's administration has long offered 100% financing for men and women who serve the country in the military.
2. USDA Loans. Near Boise there are three areas where you can purchase a home using the guaranteed USDA loan program that offers zero down financing. Income restrictions apply, but here is a list of homes that qualify in terms of income limitations in one of these areas:
Call me if you have any questions on these great options or any of the properties that we outlined here.