Financing in Hillside>Question Details

Cori, Other/Just Looking in East Stroudsburg, PA

are there any no money down programs?

Asked by Cori, East Stroudsburg, PA Wed Feb 11, 2009

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3
Hi Cori,

Others before me already said: 3.5% down being the minimum.
You should have a conversation with a mortgage lender to know your options

Shai Megiddo
(718)947-1541
(646)541-2183
shaimegiddo@gmail.com
0 votes Thank Flag Link Wed Feb 11, 2009
Yes Cori there is the Rural Home Loan program. It has income limits, and property location restrictions, butit allows up to 102% financing. If you wish further detail call me of go here
0 votes Thank Flag Link Wed Feb 11, 2009
GREAT QUESTION: however no money down loans are "thing of past" most lenders require a minimum of 3.5% or more as a downpayment. Contact a mortgage broker in your area determine what opp's are made available for a home purchase.

Owning a home you receive annual tax benefits. There are many homes with equity when purchased.
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed Feb 11, 2009
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