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Zero down payment loans are designed to offer home ownership opportunities to borrowers with good credit, but who lack the ability or desire to make a down payment on a home. It provides an option for those who wish to invest their savings in assets other than their home.
This type of financing is popular among both first time home buyers and experienced home buyers and allows you to purchase or refinance a home without a down payment.
While you are not required to make a down payment, you must have 3 percent in the transaction. These funds are applied toward your closing costs and may come from your own funds, a gift from a relative, grant or sale of assets you own.
Call 858-577-2411 to discuss your best home loan options. |
