There's a program that me and several of my friends have used or are using to get 100% financing called NACA. Their website is
http://www.naca.com. They have a pretty rigorous process to pre-qualify you for a mortgage, but once you complete all of the requirements you will get a below market, fixed rate 30-year mortgages from one of the 2 banks they work with (BofA and Citi). There's ton's of infomation on their website about their program and they regularly have home buying workshops in NJ and NYC.
By the way - I'm not an agent or anything, just another home buyer sharing the info because the program is pretty awesome.
- Sat Aug 16 2008, 09:04