Is a big down payment the only thing stopping you from taking advantage of the most affordable real estate market in decades? Check out this quick video to discover why you might be closer than you think.
Low and No Down Payment Loan Programs
Next Gen at Keller Williams Realty has partnered with Movement Mortgage. Together we help our clients to achieve the dream of home ownership. Over the years we have assisted many Louisiana families in purchasing homes with little to no down payment. We are very experienced with FHA 203(K) Standard with a low down payment, get one loan to purchase or refinance and include rehab work. Loan amount is based on 110% of the value of the income. FHA 203(K) Limited get up to $35,000 toward value-adding home improvements lumped into one mortgage through this quick and low-hassle process, and HUD 184 loans for Louisiana Natives and Conventional Financing.
Skilled Negotiations Can Save You Money
Once you have found a home and are ready to make an offer, it is very important to work with a Realtor with experience negotiating. We can negotiate for all closing costs to be paid by the Seller. This keeps more money in YOUR pocket. If you qualify for a VA loan, we can negotiate terms which require no money down. Contact us today to find out what other negotiation strategies we can put to work for you!
Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets, and debts to arrive at an estimate of how much of the mortgage you can afford. The whole process may take only minutes to a few hours at most and is free.
While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
Click this link for a list of the hottest buys in Northeast Louisiana.
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