NO DOWN PAYMENT MORTGAGE LOANS UP TO $1,000,000 FOR HOMES IN LOUDOUN COUNTY VA. More. . . .

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

NO DOWN PAYMENT MORTGAGE LOANS UP TO $1,000,000 FOR HOMES IN NORTHERN VIRGINIA.  More. . . .Military Home Buyers

ATTENTION:  MILITARY OFFICERS, PENTAGON MANAGEMENT CIVILIAN EMPLOYEES.  Buy homes with NO DOWN PAYMENT UP TO A LOAN AMOUNT OF $1,000,000.

*No Private Mortgge Insurance PMI required.CASH

*No down payment or secondary financing required.

*Seller contribution up to 6% of purchase price.

*BONUS for a limited time::  $2,500 Lender PAID towards any closing costs (appraisal fee, credit report, etc.)

*LOAN AMOUNTS UP TO $1,000,000.

THIS LOAN IS PERFECT FOR PENTAGON MILITARY BORROWERS WHO WISH TO PRESERVE CASH. 

Just look at homes you can buy today with NO DOWN PAYMENT UP TO $1,000,000.

property photo arlington
 
$949,000
5 Bedrooms
5 full 2 half Baths
MLS# AR7538671
ARLINGTON
Zip: 22207
 
Subdivision: HIGHVIEW PARK
Status: ACTIVE ?
 
Listing Agency:
Long & Foster Real Estate, Inc.

5 Miles to Pentagon

 

 

 

property photo arlington
 
$899,000
5 Bedroom
4 full 1 half Bath
MLS# AR7659361
ARLINGTON
Zip: 22207
 
Subdivision: COUNTRY CLUB
Status: ACTIVE ?
 
Listing Agency:
Washington Fine Properties, LLC

4 Miles to Pentagon

 

 

To tour homes for sale in Northern Virginia: 
Alexandria, Arlington, Farifax County, Loudoun County,
Contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

Lenn      search listings here

 MAPS OF ALEXANDRIA AND ARLINGTON- MINUTES TO PENTAGON

 

Map Alexandria

Arlington

 

 

 

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Rainmaker
245,310
James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Champions

Don't call it a come back! Is that for real? I hope they bring that back to California. That would really, really help our market

Sep 13, 2011 11:15 AM #1
Rainmaker
1,803,333
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I was just in Old Town Alex a couple of weeks ago for our cruise.  My daughter was impressed with the houses that had historical plaques.

Sep 13, 2011 11:39 AM #2
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

James.  I don't understand.  What do you mean by "come back"?

This is a new portfolio loan, which is the only way this program could be done.

 

Sep 13, 2011 11:39 AM #3
Rainmaker
316,566
Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Realtor, Green, ABR, Holliston, Massachusetts

Wow Lenn.  That is very nice.  Nothing like that here.

Sep 13, 2011 11:48 AM #4
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jay.  Old Town is absolutely fabulous.  I love to walk the shops on Washington St.

Sep 13, 2011 12:12 PM #5
Rainmaker
3,244,376
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Lenn

Using your VA eligible is a great way to buy an home up to $1,000,000 without a down payment.

Good luck and success.

Lou Ludwig

Sep 13, 2011 01:33 PM #6
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Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986.
eXp Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

Hi Lenn,

although, I think it is great to offer veterans special treatments, is the no money down way not a repeat of starting the slippery slope all over again.

Sep 13, 2011 03:08 PM #7
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Lou.  I didn't say this required VA eligibility.  It doesn't.

Peter and Linda.  NO, NO, NO.  First, this NOT a VA loan.  However, it follows some of the guidelines for VA loans that have made home buyers using their VA eligibility the SAFEST BORROWERS IN THE COUNTRY.

VA buyers have THE LOWEST DEFAULT RATE OF ALL home buyers. 

This loan is in ABSOLUTELY NO WAY SIMILAR to the sub-prime or sloppy approval process that caused so many defaults in the 2005-2007 years. 

It saddens me to see that VA borrowers or borrowers using a program such as this one with conservative underwriting standards, AS IS THE VA LOAN, are using a risky loan.  THEY ARE NOT!!

THIS IS NOT A SUB-PRIME LOAN.

I don't represent unqualified home buyers and I don't refer buyers to lenders with risky loans. 

Sep 13, 2011 10:53 PM #8
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Lenn - O down is great but the real savings is the no PMI.

Sep 14, 2011 12:37 AM #9
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Conrad.  Indeed.  Further, since the lender is giving money to pay for appraisal, credit report, etc., the APR will be low too.  This is a good loan.  I just hope it lasts long enough for some of my buyers to benefit.

Sep 14, 2011 12:47 AM #10
Rainmaker
1,033,414
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

Lenn - O% down loans were not the cause of the present situation it was as you say "the sub-prime or sloppy approval process that caused so many defaults " There are many buyers who would qualify for 0% down that would not be any greater a risk than the folks who qualify with a conventional down payment.

Sep 14, 2011 10:33 AM #11
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Kathy.  BINGO.  Fact is, the only way these 100% loans are available is with a portfolio program because they will NOT fit the mold to sell to Fannie or Freddie. 

I seek out good loan officers who are with stable mortgage entities that offer special portfolio programs for highly qualified home buyers.

Sep 15, 2011 12:34 AM #12
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