Search results for “HomeReady”
Get Help with Your Down Payment and Closing Costs on Your First Home
With ever-increasing apartment rental rates and student loan payments to manage, 5 in 10 millennials consider coming up with a down payment a major barrier to owning a home. And that’s before closing ...
Buying a Home With a Low Down Payment
Here are a few options to consider: Government-backed loans: VA loans and USDA loans require no down payment, while FHA loans require a down payment as low as 3.5%. Government Sponsored Enterprises (...
Mortgage Down Payment in 2022 - What You Need to Know
What is a Down Payment? A down payment is a percentage of the home’s purchase price that is paid in full at closing, upfront. (Hence why building up your savings is so important!) Additionally, it’s...
Can You Buy a House with No Money Down?
Zero Down Option #1: The USDA Home Loan What is a USDA Loan? The U.S. Department of Agriculture offers a 100% financing mortgage. The program is also technically called a Section 502 mortgage, h...
VA Loan Options If eligible for a VA-guaranteed loan, below are VA loan options to consider. VA Purchase Loan Purchase your primary residence, such as a single-family, townhouse, or multi-fami...