Hi Luz,

If you have not found a home yet I would love to speak to you. My husband and I are a Realtor team and love working with first time home buyers. You do have options and a free no obligation buyers consultation is a great place to start. We can discuss your needs and wants for a home and financing options. Please call me at 267-265-8320 or 267-307-9985.

Thank You,
Betty and Jonathan Bonomo

Deborah,

Tell us more!

Hello Luz,

I have the answer to your question.
No down payment...No closing Costs....No mortgage Insurance...and the option to buy your interest rate down to .0625! I know it sounds too good to be true...but it is true. A non-profit in our area is offering what they call "America's Best Mortgage" and it is the only one of it's kind. I'd love to tell you more, give me a call.

Deborah Francis
Coldwell Banker Prime Properties
Office: 215-940-0947
Cell: 215-626-5027

Luz,
You may qualify for free closing costs money with a small down payment throught the Neighborhood Housing Services of the Lehigh Valley. An eligible applicant must have acceptable credit, 2 years of verifiable employment, savings of $1600.00 in an account for 90 days, and must attend the Home Ownership Counseling Program Seminar. The buyer's new house payment cannot exceed 33% of the buyer's monthly income, and the new house payment plus their minimum payments on other debts may not excedd 41% of the buyers monthly income.
There is a $325 non refundable application fee to process the loan. The fee comes from the $1600 savings the applicant must have to apply for the program, The remaining $1,275 is applied towards the purchase of the property. The buyer also is required to pay 1 full year of home insurance. So.... if your income matches the programs guidelines, for about $2,000 you can move into a new home.
Sandy Camarano
Prudential Patt White Real Estate
610-865-0033

Good Morning Luz,
Prior to determining what you will be require to contribute monetarily, your goals and needs will need to be addressed. Once your goals and needs are known, a loan program will be fit to meet those needs. This loan program may only require a minimum amount down or possibly none at all. Also you may want to look into some sellers assist. Sellers assist is moeny contributed towards your closing costs via the selller at the time of closing. What area are you looking to purchase a home in? Tat too will make a difference with regard to loan programs and real estate taxes. Please let me know if I could be of assistance or feel free to take a look at my blogs to further increase your homebuying knowledge. My blog site is http://www.activerain.com/mfalcone. Good Luck!

Wow!!!

Lori Lewis of Allied Mortgage Bethlehem found Trulia Voices! When I had a real estate license in Bethlehem, PA, I worked with Lori on MANY transactions ... lots of FHA and VA financing ... she pays outstanding attention to detail and she has a highly dedicated and committed staff.

I can remember closing LOTS of deals that other REALTORS and lenders did not want to deal with ... buyers who could not get loans anywhere else came to us and we made it work ... BY THE BOOK!!!

Welcome to Trulia, Lori! Thanks for asking the question, Luz! FYI I used to work on West Broad St. on the corner of 2nd Avenue. Every now and then I still have a taste for a cheesesteak at George's 8-) (I'm enjoying the weather in Tucson, though.)

Frances Flynn Thorsen
Community Manager
Trulia.com

There are a few options left out ther!

1. FHA - The seller can give you 6% seller assistance, but thats all. You will need at least 3% of your own money into the transaction to use FHA. FHA just discontinued the "gift fund" programs. It is currently being chalanged, but in this market, it may stay gone a little longer.

2. PHFA - http://www.phfa.org/ ~ This one has income and loan amount limits, but worth looking into it.

3. Rural Development - The only true 100% financing program left. This also has income and loan amount limits and more importantly it matters WHERE the property is located - check out the map - http://www.rurdev.usda.gov/pa/

GOOD LUCK! Now is a great time to buy!

Luz,
There are still some good loan programs available to help you with your down payment. Some allow a sellers assist to cover down payment costs. If you know a good mortgage broker, now would be the time to call him/her. If you need further assistance, I would be happy to help you as well. I wish you the very best of luck!
Michael

Michael D Delp
Mortgage Pro
4802 Old Bethlehem Pike,
Telford Pa. 18969
Ph- 215-453-1025
Fax- 215-453-1012
Cell- 610-762-0318
michaelddelp@aol.com
michaelddelp@verizon.net http://www.mortgagepro.instantlender.com

You may want to buy a duplex so that you can live in one side, and rent out the other side and use the rent to pay most of the mortgage payment ...

Luz
You are in luck. Please see the link below.
If you would like I would be happy to refer you to a great buyer's agent in your area that can help you get started in buying your first home.

Let me know how I can serve you.

Hi Luz

I beleive their are grants available now,but you would have to contact a Housing Counseling Agency in your nearby area. If you tell me what area you are looking to buy into I may have numbers for you to call.

email me at dawn.fussell@newhomes.com
call-215-356-3926