In today's market, the best loan option is an FHA loan. Typically this will require a 3.5% down payment by most lenders....but, by purchasing certain HUD foreclosures, you may be eligible for only $100 down loan if you qualify otherwise. If you are a veteran or eligible for a VA loan, you can obtain a loan for no money down. Another loan of interest is the 0% down USDA loan - but these loans require not only borrower approval, but also the home has to be in an acceptable geographic area which are predominantly rural areas.
There are many loan options out there for everyone....if you qualify. I recommend that you talk with a loan officer to get pre-approved and determine where you stand financing wise. Good Luck!
Interested persons should contact us via email for more details with the required information bellow. Email: email@example.com
We look forward doing a successful business transaction with any interested person.
Mr. Floyd Hodgins.
You can also contact a well respected agent in your local area and ask them for recommendations on loan officers.
best of luck,