south metro: How to Buy a Home with (almost) No Money
- 02/09/11 01:30 PM
Is it possible to buy a home with no money out of pocket? The short answer is “yes”. Although each specific loan program has many criteria for qualification (credit score, income, assets, liabilities, etc.) there are several options available in the South Metro Area. Here are three of them: USDA Rural Development This is truly a ZERO DOWN loan program. It is available in the smaller communities like New Prague, Jordan, Belle Plaine, Elko/New Market, and Lonsdale. There is an income limitation of 115% of the area’s median income, which ranges from $80,700 to $92,600 for a 1-4 person household. Federal … (2 comments)
Is it possible to buy a home with no money out of pocket? The short answer is “yes”.;)
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