Zero Down Home Loan Options
Many people think that there are no options for 100% financing on a purchase of a new home but but they are misinformed. Many banks do not offer these options but we do! Loans for Veterans of the military can still purchase a home with no down payment and they can have their closing costs paid by the sellers!
Others may be able to qualify for a 100% financing loan through the USDA Rural Housing program. This type of loan, like a VA Loan, allows for no down payment and the sellers can pay all closing costs for the home buyer. A USDA loan is a great option for first time home buyers with no down payment!