Zero or LOW Down payment mortgage options

by Chad Hagenson on Friday September 18, 2009
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It is a great time to buy a home in the Arizona real estate market!

Rates are very cooperative and at 5% or below and will not remain this low forever! Time is also running out on the First Time Homebuyer tax credit, contact me for details.

Here are some great 0 or low down payment options as a home buyer today:
  • FHA 203K Rehab Loan for those homes needing some TLC Only 3.5% down
  • Your Way Home AZ AND City of Phoenix NSP - Up to 22% down payment assistance for foreclosed homes
  • Fannie Mae Home Path - Only 3-5% down for Owner Occupied, ONLY 10% DOWN for INVESTORS - No Appraisal or Mortgage Insurance
  • HUD Homes - Just $100 down payment required
  • Veteran - 0% down payment required for VA loans
  • USDA Rural Housing for Pinal County - Truly 0% down, no mortgage insurance
  • Conventional Loans available with 10% Down
  • Jumbo loans to $900K with Rates as low as 3.85%
  • FHA - still only 3.5% down
Posted in Foreclosures, buyers, Incentives, Rates, finance    Tagged with mortgage, rates, down payment, finance, first time home buyer


1 Comments


Chad - April 30th, 2010 at 4:59 PM
USDA Rural Housing for Pinal County UPDATE. Program extended!! New funds are now available. The only major difference in the program going forward is that the guarantee fee will go from 2% to 3.5%. This fee is financed back into the loan amount by the buyer.


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