Looking for a First Time Home Buyer Down Payment Assistance Program?
The good news is that we have programs that allow you to put zero down. That's right, 100% financing for the purchase of your new home.
For many first time buyers, the down payment is the biggest barrier to buying their first home. It is the number one reason that most new home buyers are waiting.
With rents on the rise and low mortgage rates, today's home buyers are finding that it makes a lot more sense to buy than rent.
I know you are aware of the obvious advantages of home ownership. But, let's focus on just the financial aspect for now.
The most recent economic forecasts predict that rents will continue to rise in the majority of the largest cities in the nation over the next year.
If you purchase a home and take out a thirty year fixed mortgage, that will lock in your housing payment for the next thirty years!
Do you think your rent would stay the same for thirty years? Of course not.
So, you do have the ability to fix and stabilize the largest part of your monthly housing payment for the next thirty years.
Sure your property taxes and homeowners insurance can go up a little, but the monthly principal and interest payment will not.
Plus, your property value will increase over time so you will build equity. Your income should increase and with a fixed monthly mortgage payment and your monthly housing expenses will become more affordable by owning your home.
Unlike the big banks, we offer these first time home buyer down payment assistance programs. We have specialized in these types of loans since 1991.
In most cases, we are able to work with you and the seller to structure these purchase transactions so that you have to put nothing down and have very little in other costs.
Are you ready to find out how our programs can help you afford a new home?
Call 800-607-1941 x220
Posted by: Brian Bush
Brian and his team have been funding Home Loans for over 25 years.
Since 1991, they have funded over 2,000 loans