As a suggestion, you may look at our USDA program. It's a zero down home loan and a true 30 yr fixed with no pre-payment penalty or other negative features. The seller can pay for your closing costs and pre-paid items such as your first year of property taxes and home owner's insurance. You honestly can pay for just the appraisal and have everything else covered.

What is nice about this program is the interest rate is the same as FHA but there is no pmi (private mortgage insurance) which will automatically allow you to purchase more of a home using the same payment you would have on your FHA loan. A manaufactured home will not work on this program but the other structure types you mention will.

This program also is more lenient on credit history and debt payments vs. income ratio vs conventional and FHA. We post the rate on our website http://www.ambientlending.com
If you are interested in this program I am more than happy to provide you with more reading materials so you can see if this would be a good fit for you. We do not charge any up front fees and I am avaialble evenings and weekends.

Crystal Beard
Ambient Home Lending
Phone 541-858-2522 xt 306
Toll Free 877-777-9763
crystal@ambientlending.com http://www.ambientlending.com

Yes, there are some homes under $105 including some nice condos which just go approved for FHA .. they start at $79,000. I specialize in first time home buyers, even teach classes, give me a call or email me and we can get you set up.

Claudette Moore
Coldwell Banker Pro West
1301 Poplar Drive
Medford, Oregon 97504
800 888 1341
541 773 6868
cell 541 941 4881
email: cmoore4re@aol.com

Hi, There are a number of homes that you can own for $105,000 or less.
Please email me and I can email you the listings to view.
Thanks...Doug
Century 21 JC Jones American Dream

I am sure you can find them. There is a top agent in Medford that I work with so let me know if you would like a referral. He is the manager there in town for Re/Max.

Thanks and stand by for more info.

Regards;

Dirk Knudsen
Re/Max Hall of Fame
Re/Max Metro Gold