Posts Tagged ‘100% Financing’
Financing a Home After The Mortgage Crisis.
Written by admin on June 2, 2008 – 10:14 am -Now that the “Mortgage Meltdown” has subsided, what type of financing is available to those who want to buy a house?
There are still plenty of loan programs available to finance a house. The key though is that you must actually qualify for loan and you can’t lie about you actual income. If you can afford a house and you can prove it and your credit is worthy you should be able to find a home loan that fits your needs.
While several of the loan programs require a larger down payment than people are accustomed to over the last few years, there are still a few ways to obtain 100% financing. VA programs for those that are eligible and FHA loan programs using a charitable gift program are the most popular ways to achieve 100% financing.
Loan programs can change in a moments notice, so you should keep in constant contact with your loan officer.
