need help with a down payment for home can my mortgage company help?

Asked by Money, Daleville, AL Mon Oct 13, 2008

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Richard Garza, Agent, Anniston, AL
Mon Oct 13, 2008
The answer is yes. The state of Alabama also has programs such as the Alabama Home Assistance at

Your mortgage company would be the one to give you additional information that suits your finanical needs.
1 vote
Hugh and Eva…, Agent, Enterprise, AL
Fri Oct 22, 2010
Some mortgage companies offer 100% financing, but you can also get a gift letter for all or part of the down payment.
0 votes
Jim Brooks, , Birmingham, AL
Thu Oct 23, 2008
Downpayments are not a problem in some areas. There are 2 ways to go with this today. One is a rural development loan where the property has to be in a rural area with income restrictions and the other is an FHA mortgage with a grant for the downpayment. The FHA is less restrictive on income and property location. Call me if you would like 205-443-0086.
0 votes
Jim Brooks, , Birmingham, AL
Tue Oct 14, 2008
Yes. There are still 100% mortgage loans available in some areas and there is some bond money still available for help with the down payment.

If you would like to give me a call.

Jim Brooks
The Home Loan Guys
0 votes
Barry Lynn M…, , Trussville, AL
Mon Oct 13, 2008
You have several government programs to assist with Down payment give me a call at 205-338-5555 or visit my site at

You only need 3.5% for FHA and there are some lenders that will finance that as well

Lynn Miller
0 votes
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