There is also the FHA Access program 99.5% financing...The .5% can be gift funds as well. This has NO first-time homebuyer requirement.

There is USDA which works outside the city limits of Redding and qualification is based on income, family size and credit. VA, which is federal loan for veterans. CALPERS still does 100% as long as you have enough in your retirement account. I would like to know the half dozen others the gentelman below states. If they are out there I havent seen them.

Jim W
USLending
Redding, CA

There are several programs available for 100% financing (USDA, VA, CALVET, CALPERS...and a half dozen others). If credit is an issue, some owners would also consider giving you a lease, with an option to buy. Some sellers may even be willing to willing to carry the loan.

If you're buying a home in or around Redding, you need a Realtor that knows the local market, period.

If you're not paying all cash for your property, and if you haven't already, you should plan on getting prequalified for a home loan. If you're serious about looking to buy, most sellers require a prequalification letter to accept an offer. If you need the names of trusted lenders, I can give you 2 or 3 names I trust and use regularly.
Contact me if you would like more information, I'm never too busy to answer a question.

some lenders can provide you loan with no down payment but it depends on your credit history an other factors. You need to talk to different lenders.

I can help you with a USDA rural home loan. Contact me and we can go over what areas in Redding are eligible. This is a great loan as it is 100% financing, low 30 year fixed rates and unlike FHA Loans there is NO monthly mortgage insurance!

There is a USDA home loan that is for first time buyers and is 100% financing. There are some local lender that offer this type of loan and you can contact them for more information, or you can contact USDA and they will send you more information on this program.