You can still get Zero down

Real Estate Agent with Blue Sky Realty

There is money available for zero down financing in areas around Austin. This USDA loan has many benefits such as no monthly Mortgage Insurance, credit scores as low as 580, and No reserves required. Some of the requirements are: income not to exceed $82,300, must be in a designated RHS rural area, Must have dependable water and waste disposal systems that are apprpoved by local authorities, and be a single family non - farm residence. With the $8000. tax credit, now is the time to get your buyers under contract.

Comments (3)

Sukhdev Farmah
Triangle Lending Group - Morrisville, NC

It is great news that some one canstill get mortgage with credit score 580 with zero down Thanks

Sep 08, 2009 03:30 PM
Brad Snyder
Sierra Vista Realty - Sierra Vista, AZ

Great post and people need to know that there are still great deals and 100% financing options!



Sep 08, 2009 03:40 PM
Wendy Rich-Soto, Realtor/Broker Associate
Keller Williams Realty, South Bay - San Pedro, CA
Getting you to your next with a zero failure rate!

Wow!  Who knew that this was still an option!  That is fantastic for people would decent fico's and not a lot of capital in the bank!  Great post, Thanks!

Dec 03, 2009 04:58 AM