Most properties in Gardner are USDA eligible and will allow for up to 102% financing. There are income requirements to obtain a USDA loan so it might help to not have a co-borrower on the loan with you anyway. There is a 2% funding fee through the USDA program, but that can also be financed into the loan. Therefore if the sellers are willing to pay for all of the closing costs and prepaid escrow items, you can purchase a house through the VA program without any money out of pocket. We do these loans all the time and I would be happy to speak with you about it. Other options include FHA with 3.5% down payment. However, a vast majority of my clients prefer to put 5% down and avoid paying monthly mortgage insurance though. My company is a direct lender and guarantees all closings get done on time. If you have any questions, I would be happy to speak with you directly.
Also realtors that have posted on this blog, we guarantee all closings to happen on time! We can close a loan in as little as 8 days. We have in house underwriters and processors. No delays in processing times!
Cornerstone Home Lending
"The lender you can trust"
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