You can buy a property up to about $70,000 on VA Loan with zero down, and get the Seller to cover ALL of your closing costs and pre-paid taxes and insurance. Of course, any loan wold have to be approved by a lender and meet VA Appraisal guidelines.
There are currently two condos in 78240 that you could probably buy @ your price including the Home Owner Association fees. If you want another area, we can do a search for you.
Let me know if you want to see them.
Ellen and Doc Stephens, REALTORSÂ®
Keller Williams Realty
(210) 696-9996 ext 409
Francis Achebe B.S. Business, Mortgage Broker, Credit Improvement Specialist
Financial Consulting Group
When you determine if you can qualify for the loan, and there are other factors in addition to your credit score, you can negotiate for the builder or the seller to pay all or part of your closing costs.
We frequently have VA buyers going to the table with not only little or no money down, but somebody else pays the closing costs!
If you do have some to put down, it can reduce your funding fee. However the funding fee can be rolled into your loan, so most people choose to do that.
There are a number of condos where the monthly principal, interest and taxes will come close to the same amount you are paying in rent, but watch out for the HOA or Condo dues/fees - those will vary and can run your payment up.
Stephanie Kelley, ABR, CRS, GRI
Keller Williams, Legacy