THINK YOU CAN'T AFFORD TO BUY A HOME? THINK AGAIN!
May 25th, 2012
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Just thought I would review some of the programs that require very little or no down payment:
1. FHA- minimum down payment of 3.5%- all of which can come as a gift from a family member and seller can pay up to 6% of the sales price towards closing costs and prepaids
2. VA- veteran loan- zero down payment and seller can pay closing costs up to 4% of sales price (more if there is no origination fee)
3. USDA-rural housing loan- zero down payment and seller can pay up to 6% of sales price towards closing costs and prepaids.
If you ARE currently RENTING, stop throwing your money away. Call me today and let's get started finding you your very own HOME.
MARY ANN LIPSEY, 281-723-8200 or e-mail me,
maryannlipsey@ymail.com
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
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