There are two mortgage loan programs with low down payments currently. The FHA program allows for a down payment of only 3.5% AND you can request the Seller include most of your closing costs in the purchase price, thus reducing your out-of-pocket expenses.
There is also a FannieMae loan program with 3% down payment required.
Your best bet is to get Prequalified by a very experienced mortgage professional.
I hope that helps!
NMLS #40140... more
Any agent in Rockland would be happy to show you this listing and/or answer any questions...Please call me if I can be of service to you! Thank you in advance, Michael Kubala, Joyce Realty 914-646-1204... more