In today’s Durango real estate market, there are several possibilities for people with little or even no down payment. FHA loans are available with just 3.5% down payment. Some loans require only 1% down payment. Through the HomesFund of Southwest Colorado, there is even some money available to make/help you with your down payment and have no monthly payments on that obligation; you simply pay it off when you sell the home. The Durango area also qualifies for no down payment loans through the USDA Rural Housing program and of course, VA loans are available with no down payment for veterans. Like every loan, there are conditions and limitations, so for additional information contact us or check out this link: https://homesfund.org/
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