Zero Down Home Loans Available.
Discover how you can buy a home with no downpayment required. To assist first time home buyers, we are now Offering Zero Down Home Loans!
This loan is essentially a two-in-one package that starts off together. The first part is a standard 30-year FHA loan, which is backed by the government. The second part is a 10-year private loan that covers what would normally be the down payment. Together, they make up the full amount needed to purchase a home, with no initial down payment required.
- 620 Min. FICO
- 96.5% LTV FHA 30 year Fixed 1st
- Combined with a 3.5% LTV 10 year Fixed 2nd
- No income limit
- No first-time homebuyer requirement
- Non-occupant co-borrowers allowed
Eligible Properties:
- Single Family Residences
- 2 units
- PUDs
- Townhouses
- Condominiums - Must not be in litigation, Must be FHA Approved
- Double wide manufactured housing OK
- **Based on a 30 year fixed rate FHA loan and a 10 year fixed rate second mortgage up to 100% of the purchase price.