I sell houses with owner financing:
5% down, 560 credit score, 50% dti.
10% down with no credit check.


Celine Fang
Immi-Nest, LLC
I Sell Houses - Owner Financing Available for ALL Credit Types
504-723-9269 http://www.imminest.com

Kris, in many cases in todays market purchase prices will allow you to purchase with no money down. Plus, if you can qualify as a first-time homebuyer you can get the feds to provide 10% down or up to $8000. The stapilutations on this credit are quite liberal and even include mobile homes and "house boats" if you spend more than 50% of your time residing in them.

First-time homebuyer is a pretty liberal term too. Contact me if you want specifics.

FHA does as low as 3.5% down.

I am a Loan Officer. If I can be of assistance, please let me know!

MSmith@PrecisionFundingUSA.com

Marty

Kris, consumers have a number of available options in the mortgage market. As stated earlier, a popular product is the FHA loan requiring as little as 3.5% downpayment. There are a number of other options depending on the borrower. Further, you may be interested in a Rural Development loan (referred to as RD by many) where the borrower does not have a downpayment, though there are certain factors to consider here and restrictions on property location. If you would like more information or have other questions, please contact me. Good luck!

Jeff Mateja, REALTOR
Keller Williams Realty
50 Sewall Street, 2nd Floor
Portland, ME 04102
(207) 233-2420
(207) 553-1332
Email: JeffMateja@hotmail.com
Web: http://www.JeffMateja.com
http://www.MaineFirstTimeBuyers.com
Blog: http://www.ILovePortlandMaine.com

Hi Kris,

Lenders do have money to loan. Interest rates are historically low and just recently dipped below 5% with good credit. With so many homes to choose, now is a good time to buy. Are you considering a move to southern Maine? If so, feel free to contact me. I'm an Accredited Buyer Representative and would be delighted to assist you with your real estate goals.

CJ Dubois-Cote, Realtor
Prudential Prime Properties
445 Main Street
Saco, ME 04072
207-615-1663
cindy@prubay.com

Kris. Here's a few places you can find mortgage market info..
http://mortgage-x.com/general/rate_trend.asp .... http://www.brokeroutpost.com/

http://ml-implode.com/ ... http://www.fhfa.gov/

Good luck, Dunes

Hi Kris,

Welcome to Portland! Yes, the mortgage companies and banks have money to lend for qualified buyers. One of the most popular loans today is an FHA loan with just 3.5% down payment requried. Other loans are available with various down payment options depending upon your income and the particular home you are purchasing here. Please let me know if I can answer any other questions.