mortgage simple definition: How to Buy a House With No Money Down

How to Buy a House With No Money Down

How to Buy a House With No Money Down. Buy a home for NO MONEY DOWN! Rate House Mortgage 0% down payment program

How to Buy a House With No Money Down video duration 7 Minute(s) 45 Second(s), published by Lance Mohr on 10 05 2016 - 12:48:47.

This video goes over how to buy a house with no money down - low money down
Visit: http://bit.ly/1ruScsc to view down payment assistance options that you https://www.patreon.com/home you can donate through this site paypal email account MBrodel@aol.com Martin Brodel 36248 HWY 133 Hotchkiss, Colorado .

Katie the Mortgage Lady from Leominster, Massachusetts explains how there is no one set downpayment percentage
In fact, there are some programs that In this video I go over 4 ways to buy a house with NO money down
If you are looking to buy a house with no money or little money down one of these programs Can you imagine buying a home without making a down payment? With Rate House Mortgage's 0% down payment program, now you can! In this video, Vice .

This video goes over how to buy a house with no money down - low money down. Visit: http://bit.ly/1ruScsc to view down payment assistance options that you may be eligible for.
Contact me at http://www.tampa2enjoy.com/contact-us/ and Check out http://www.tampa2enjoy.com to view all homes for sale in Tampa and surrounding areas.

This video covers how to buy a house with no money down or very little money down. There are many different loan programs out there and I’ll go over some of them to give you a general idea about these options when it comes to how to buy property with no money down. As always, double check and make sure with your realtor and more importantly your lender to see what options are available to you and your particular situation. There are government loans like the popular FHA loan– FHA’s insure the loan in case of default. FHA’s usually have 3.5% down payments and varying closing cost factors. Keep in mind that some states have higher/lower closing costs. With an FHA loan program, you can buy a house with no money down because you are allowed to get the down payment and closings costs as a gift from a relative. You can cover both the down payment and closing costs or one or the other. Sometimes you can get the seller to cover the closing costs as well. If you are a veteran or have VA eligibility, then you can get a VA loan. VA is one of the better options out there if you are a veteran or are in the reserves. VA has a no down payment program and you can get the closing cost money from a 401k, a gift from a relative, or ask the seller to cover it. Another one is Fannie Mae – which has 5% and 3% down programs. In most cases, try not to go for the 3% program because it will usually have a higher interest rate, higher mortgage premiums, etc. With these, you can also use the down payment as a gift from a relative or ask the seller to cover closing costs. In the Tampa bay area, we have something called USDA – we have it in our outlining cities. Go to their website and see if you qualify for USDA eligibility. It is a 100% financing program and it’s offered throughout the country but you have to make sure that it is offered in your area where you are located. I’ve also attached some links that will take you to websites that help with down payment assistance.

Visit: http://bit.ly/1ruScsc to view down payment assistance options that you may be eligible for.

There are many programs out there for down payment assistance and most people don’t know about them, and a lot of people don’t know where to even begin. Do your own research/homework and see which one works for you. Remember, if you are using a big banking institution – always try to use a local loan officer. You know what they say, out of sight, out of mind. So make sure you’ve got someone who’s local who can help you the option of a no money down mortgage. Be sure to also use a real estate agent that knows what they’re doing so that you are in good hands in the home buying process.

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