Down Payment
The amount you have available for a down payment will affect what types of loans for which you can qualify. Down payments typically range from 0 to 20 percent of the sales price for the property. Of course the more money you put down typically the lower your payment will be so it never hurts to have as much money saved up as possible when entering into a real estate sales contract. However, you may qualify to buy a home with a low or no down payment option. Often times finding the right loan program is all about down payment.
No Down Payment Options:
- USDA Rural Development Loan
- USDA Rural Development Renovation Loan
- USDA Rural Development New Construction Loan
- VA (Veterans) Loan
- VA Renovation Loan
*Down payment and terms shown are for informational purposes only and are not intended as an advertisement or commitment to lend. Not all borrowers will qualify.
WARNING: We document everything these days. Take extra care to document the sources for any monies to be used for the down payment or closing costs.
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Latest Blog Post
June Educational Event For Realtors: Tools From the Best
Tools From The Best
Does the tight inventory got you singing the blues? Need more buyer and seller leads? Ok that sounds like some internet BS. We arent selling anything here and there’s no magic bullet, but we sure do know how to grind. In this lunch and learn / webinar we will share with you what we have learned. Over the last 5 years Matt Muscat has been interviewing top Realtors and sales Professionals from around the country to find out what’s working for them! In this fast paced class you will hear a curated list of some of these top tactics that you can implement immediately, and by and large at no cost
Hot Topics We Will Cover
Here is a list of some of the things we will cover during the event:
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