Hi, Rosb1288. 100% financing is available only for vets now. If you're not one, the minimum down required now is 3.5% through FHA. Or 3% if the home qualifies for Homepath Financing. Minimum credit will very from lender to lender, but now typically a 620 or better is needed for FHA. Its 680 for Homepath.... more
USDA is the first thought of program when someone mentions 100% financing. VA no down is the second. There are also several First Time Homebuyer's programs that do not require down payment and will allow the seller to contribute to your closing costs.
I would be happy to speak to you regarding your options. i have 30 years of experience in the mortgage lending industry and it is experience that make home buying experiences successful.
First Alliance Home Mortgage
email@example.com firstname.lastname@example.org 732-539-9300... more