Home Buying in Sturgeon Bay>Question Details

Bjorn, Home Buyer in Egg Harbor, WI

What if I don't have a down payment? I own my 3 year old Subaru. Does that help?

Asked by Bjorn, Egg Harbor, WI Sun Feb 12, 2012

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There are ways to purchase your home with no money down, but there are other costs such as property taxes, closing and inspections that you sometimes need to pay out-of-pocket for. The only person that can truly answer your question is a lender in your area. Contact a few and go with the one that you trust!
0 votes Thank Flag Link Sun Feb 12, 2012
Hi Bjorn, I'm Sue Kocken, a Realtor from Action Realty in Sturgeon Bay. Your questions really should be answered by a mortgage lender. There are government programs that provide mortgages without down payments which your lender would know; I'm fairly sure they are based on income. One comes to mind called WHEDA. Good luck in your quest to secure a mortgage. It is always best to become a qualified buyer by a lender before you begin your search for homes. That way you know what price range in which to look. Once you become a qualified buyer, let me know and I can help you search for your new home! Have a good week, Bjorn! Sue Kocken
0 votes Thank Flag Link Sun Feb 12, 2012
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