1% Down Financing #RealNews

Real Estate Agent with Brokers Guild Cherry Creek Ltd IA100052670

1% Down Financing is a possibility with Home Loan Mortgage!  

Hard to believe there is a conventional loan program with ONLY 1% down!  

Just closed on one and it really is out there to open doors to home ownership! A limited number of lenders have access to this progressive NEW loan program.  

Think about how little that is!  Like paying a deposit and one month rent in Colorado. 

Purchase a $400,000 home with only $4,000 down plus closing costs.  

In the Denver Metro area a $400,000 home might rent for around $2,000 a month so if you pay the deposit and 1 months rent you could buy a home.  

This is how simple it is! 

  • Buyer pays 1% of the sales price for down payment
  • Lender contributes 2% of the down payment
  • FICO score must be 700+ 
  • Debt to income ration must be no more than 43%
  • NO MI Mortgage Insurance
  • Some income restrictions apply so call lender 


You are invited to come meet T. Fanning of Home Loan Mortgage .

The Transition Living Real Estate Team™ shares monthly events to help those in #Transiton.  The website is packed with resources to help with a smooth Moove now or 5 years from now. 

Maybe you have a friend who needs to get out of the basement or off the couch, or a couple wanting to start a family in the suburbs.  This loan program is going to help those transiton who don't have enough down payment.  

Tuesday, April 11, 2017 10-11 am 

At the Heritage Todd Creek Golf Club Community Center: 

8455 Heritage Dr. Thornton, CO 80602 


RSVP text or call 720-416-1984 or Carra at Carra Riley dot com 


Hope to see you there!  








Comments (4)

Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Sounds like a good deal to me.

Thanks for sharing.


Mar 20, 2017 04:04 PM
Carra Riley & Declan Kenyon

Sam Shueh  when I first heard about the loan.. I thought when it's too good to be true it's too good to be true.. but it really closed and it was such a blessing for buyers that did not have a lot of money for a downpayment. 

Do you have this program in CA?  Be sure to get the closing costs as the seller CAN contribute to that and again, help the buyer leverage into homeownership.  Thanks for the comment.  

Mar 20, 2017 04:12 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Carra- this is good news for buyers who are ready to buy a home but may not have the funds for a downpayment yet. 

Mar 20, 2017 05:14 PM
Carra Riley & Declan Kenyon

Kathy Streib  this is great news for buyers.. the window of opportuity is open and there are limited lenderst that have this program... Well worth a search in the market to find this to help realize the American Dream of homeownerhip.  Thanks for the comment!  

Mar 20, 2017 05:45 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

That's an incredible deal Carra. With interest rates rising this would benefit people concerned with keeping more cash on hand.

Mar 20, 2017 05:20 PM
Carra Riley & Declan Kenyon

Debe Maxwell, CRS  you are so right.. the perfect way to leverage in and keep moving foward with homeownerhip.  Do you have it in your area?  

Mar 20, 2017 05:46 PM