Little to No Savings? VHDA Loan for the Path to Homeownership

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Real Estate Agent with Keller Williams Realty | Northern Virginia | 703.635.0388 0225 189802

Little to No Savings? VHDA Loan for the Path to Homeownership  

 

Question:  A borrower wants to buy a $300k home but only has $3k or less in savings.  A normal lender will say we will need a Gift letter from a family member or we will need to wait until borrower has more savings.

Solution:  We can offer them a product today with little to no savings.  Don’t miss out on homeownership because you don't think you have the cash on hand.

 

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Topic:
Lending / Financial
Location:
Virginia

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Rainmaker
475,850
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relo, Commercial, Luxury & Lifestyle, Residential

Lisa,
Sounds like a great program. I wish we had it here in Colorado. Have a nice weekend.

Nov 21, 2015 02:05 AM #1
Rainmaker
2,082,043
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Lisa - This is very good loan program can help many home buyers.

Nov 21, 2015 01:11 PM #2
Rainmaker
1,672,343
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

I enjoyed your post, I'm glad I came across it in the achieves. Have a super week this Christmas season.

Dec 21, 2015 11:36 AM #3
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Rainer
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Lisa Moroniak

SFR - Short Sale & Foreclosure Certified
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