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ZERO DOWN FINANCING
It is true, and sometimes hard to believe, that someone can purchase a home for $300,000, $400,000, $500,000 and up to $1,000,000, and not have to come out of pocket for anything. Also, most lenders will even let you finance your closing costs. The reason this is possible is because lenders know that real estate is a safe investment and very low risk; and because they NEED to lend you money. Everybody wants to buy real estate with no money down (especially if you have no money), since it is the ultimate form of "leveraging," and many borrowers have enjoyed the benefits of watching the equity in their investment grow in something that took no money to get into. What other type of investment can you acquire that has that kind of potential? And many of these programs are even available for people with less than perfect credit.
Features that apply to ZERO DOWN financing:
- Zero down Loans from $100,000 to $1,000,000
- 1st Time Homebuyes allowed
- Seller can contribute to closing costs
- Closing costs can be financed
- No Mortgage Insurance
- Credit scores as low as 580 for Full Doc's (580 score's loan limit is $500k)
- No Income Verification and No Income/No Asset Verification
- Owner & Non-Owner Occupied Homes, Condos, Duplexes, Triplexes, and 4-plexes
- Fixed and Adjustable Rate programs
- Interest-Only option available
- Pay Option ARM loan available (700 credit score needed)
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