Special offer

Yes 100% Financing is still available in Western New York!

By
Services for Real Estate Pros with Retired Associate RE Broker

Yes it is true Western New York!

A no down payment, 100% financing mortgage is still available!  No, it is not a typo... it it's not a VA mortgage....it's the USDA Rural Development Housing Loan Program.  Don't let the word "Rural" fool you.  In this program, the word rural is used very loosely, for it incorporates many new suburban areas throughout the country!

The program is designed to provide more opportunities for families to purchase a single-family home or condominiums in specific outlying areas around our existing cities and towns.  Thus promoting the growth of these semi rural areas.

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Colleen Kulikowski is your Western New York Real Estate Expert focusing on Buffalo and Niagara Falls neighborhoods of Western New York.  If you are on Twitter, please follow me... and make sure you subscribe to our RSS feed!

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Comments(2)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Colleen, we also have the USDA program here in Connecticut, along with the our own CHFA mortgage program that also provides 100% financing.

Oct 23, 2008 09:05 AM
William Collins
ERA Queen City Realty - Scotch Plains, NJ
Property and Asset Management

Colleen,

Thanks for the post. Yes indeed the product still exists in varying forms and like all other products, it is great for the right buyer. That being said, I have not had an occasion of late to use it.

Oct 24, 2008 12:36 AM