No Money Down Mortgage
Loans in Wisconsin, Illinois, Minnesota and Florida
In a Changing Marketplace No Down Payment Financing is
Still an Option
Even in the current, more restricted lending market, 100% financing no
money down mortgage loans are still available for qualified borrowers.
We offer a variety of 100% financing no down payment mortgage programs
in Wisconsin, Minnesota, Illinois and Florida.
We offer the following no money down mortgage programs:
(No money down programs are also available to first time home buyers!)
Programs listed below require at least a 3% down payment:
Mortgage Programs
100% Financing (No Money Down) Programs
First Time Home Buyer Programs
My Community Mortgage
Government Loans including
FHA, VA and
Rural Housing
Refinance Programs
Mortgage Rates
About Us
Apply or Pre-qualify
Online
Contact Us
Latest no money down blog entries:
Top 3 No Money Down and Low Down payment Mortgage
Options
Purchasing a home is becoming an easier task compared to
just two years ago. At the peak of the housing crash
bankers and mortgage brokers struggled to get any loan
approved. The good news is that certain loans are still
open to qualifying borrowers who do not have money for a
down payment.
Read the rest of this entry
»
The Push for No Money Down Mortgage Options
Real Estate agents are campaigning across the country to keep down payments low. The National Association of REALTORS® (NAR) is using a decorated bus to tour various cities in an effort to build up grassroots support of no money down mortgages or low down payments.
Read the rest of this entry
»
No Money Down Mortgage Does Not Mean There are No Costs
During the height of mortgage lending lots of mortgage banks and brokers heavily advertised “No Money Down” loans. People were lured in by the idea of simply signing a few documents and walking into a new home. Now that lending requirements have tightened and more people are being scrutinized before a mortgage approval there is a prevailing belief that home mortgages without a down payment no longer exist. However, that is just one myth negatively affecting the current housing market.
Read the rest of this entry
»
How the Interest Rate Affects Your Purchase Price
A lot of the financial news is focusing on the low mortgage
rates and how this can benefit first time home buyers. People
with 18 financial degrees, multiple letters popping up after
their name and lots of experience are constantly barking
about how this is a great time to buy a home. But nobody
takes the time to explain why this is so good. Here is a
little math lesson that will hopefully shed some light on
the subject.
Read the rest of this entry
»
Extra! Extra! USDA Rural Housing news from D.C.
I’ve written that “The
race is on!” and “Don’t
give up!” concerning
USDA Rural Housing
funds for mortgages. There is news from Washington
today that help may be coming. The House of
Representatives has passed
Read the rest of this
entry »
No and low down payment mortgage in Wisconsin: FHA, VA and USDA
It wasn’t that long ago that just about anyone could obtain a
Wisconsin mortgage with no money down until we reaped the consequences
of easy credit market. Now the bar is so high that obtaining a
conventional mortgage is a nearly impossible with less than perfect
credit. Even with 20% down, if your middle credit score (middle of
three) is below 740, you will not receive the best interest rate
available.
Read the rest of
this entry »
USDA Rural Housing Loans
In today's shrinking credit market, the USDA
rural housing loan program is one of the best no money down
mortgage financing options in Wisconsin and Illinois.
Read the rest of
this entry »
What You Should Know to Obtain a VA Loan:
Step 2 of a 5 Step
Series
Today we will review step 2 of our 5 step series about obtaining a
VA loan. With so much
information out there, I have never actually seen anything that explains the
entire process of obtaining a VA loan in one place.
1.
Service Eligibility
2. Obtaining your Certificate of Eligibility
3. Funding Fee
4. Looking for a house
5. Choosing a Lender
In yesterday's post we discussed Step 1
Service Eligibility. Today we
will discuss how to obtain your Certificate of Eligibility, step 2:
Read the rest of
this entry »
No Money Down Rural Mortgage Loans
It is becoming harder and harder for a Wisconsin first time home buyer to
purchase a home, yet there are still many affordable homes if you have a
down payment or the advantage of a program that helps you qualify for more
home.
Guaranteed Home Loans: Rural families and individuals may be eligible to
become homeowners with the help of a U.S. Department of Agriculture - Rural
Development guaranteed loan. Sometimes good credit and a steady income are
not enough to qualify. A sizable down-payment may also be required. But
when the Agency agrees to guarantee a loan, lending institutions can help
buyers with 100% financing, while incurring little risk. Through the Guaranteed
Rural Housing Loan Program, low and moderate income people can qualify for
mortgages even without a down-payment.
Read the rest of this entry »
|
