If you are needing a 100% Mortgage, take a look at Rural Housing loans. The GRH program works well for many Americans and they use a common sense approach to lending.
30 year fixed rate
Loans can be 100 plus loan to value ( the fee financed can exceed the value )
No down payment required
For Moderate income households ( up to 115% of the county or national median income )
Closing cost can be included in the loan
No limit on seller contribution by USDA rural development
Eliminates requirements for private mortgage insurance
Can be used for new or existing properties
Guarantee fee of 2% of loan amount due after closing
Qualifies for community reinvestment act credit
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