Home Buying in Lincoln>Question Details

Seretha Stro…, Home Owner in Alabama

are there any lenders out there that will finance 100% of the loan?

Asked by Seretha Strong, Alabama Fri Mar 30, 2012

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YES. Call David Shell in Pell City 205-473-9413 MyLender@live.com
0 votes Thank Flag Link Tue Dec 9, 2014
There are loans such as VA or USDA which are no money down and FHA which is 3.5%. The bets place to start is with a local and trusted loan officer who can prequailify you at no cost and let you know if there are any mortgages you quailiofy for and what their costs are.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Fri Mar 30, 2012
my shop does, we also offer several DAP programs in Kentucky, move this way!
0 votes Thank Flag Link Fri Mar 30, 2012
If you are eligible for and are using a VA or USDA mortgage, then 100% financing is still available for those loan programs. FHA requires a 3.5% down payment. For the purchase of a HUD REO property when using an FHA mortgage, the minimum down payment is only $100.

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
0 votes Thank Flag Link Fri Mar 30, 2012
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