100 financing: Buying a Home With No Money Down in Virginia
- 05/18/11 01:50 PM
Buying a Home With No Money Down in Virginia might be easier than you think. One hundred percent financing is still alive and well.I recently read an article from CNN Money, "Prices are low, Mortgages cheap, but you can't get one". The article went on to state that the "rich" are buying homes because they are the ones with a 20% downpayment. I completely disagree even with tighter guidelines first time home buyers in Virginia can buy a home with no money down.The article also stated, "people are not applying for mortgages because it's very difficult". This maybe true, but working (0 comments)
100 financing: Purchasing A Home in Woodbridge, VA without a Down Payment Or Veteran Home Loan Eligiblity
- 01/13/10 07:12 AM
Lately I have been asked where all the 100% financing programs? They still exist for buyers that have VA Loan Eligibility in the DC Metro Area. Or buyerss willing to live in Rural Development areas. The property address will determine the Rural Development eligibility.You can visit www.IsThisHomeRD.com for more information. Of course, Woodbridge, VA would not be considered a rural area unless it was 20 years ago.....
The next best alternative to VA or Rural Development loans is VHDA FHA Plus financing. If you do not have downpayment but desire to purchase a home in Woodbridge, Virginia and surrounding areas. (0 comments)