How to Buy a Home WITHOUT a Down Payment???

Many New Hampshire home buyers are pleasantly surprised to learn that you can buy a home with out the need for a down payment!

The Secret is The USDA’s Rural loan program.  And it’s one of my Specialties.

The majority of the Granite State happens to be rural so this program is a very popular one with first time buyers. But even if you’re not a first time buyer you can still use this program.

A unique feature of this program is that it allows a home buyer to finance up to the entire appraised value of the home you are buying.

Let’s say you are purchasing a bank owned home for $150,000.  Since the bank priced it below market it could appraise for $165,000 as an example.  In this case you could finance $150,000, the sales price, and you could also borrow all of your closing costs.

This is a fixed rate program. There are income limitations for this program.  For example, a family of five must earn LESS than $125,000 to qualify in Merrimack county, New Hampshire.  Other areas have slightly different income limits.

If you are now renting, you will be excited to learn that you can own your own home for what you may now be paying for rent!!

See if you qualify by sitting down with me for a special FREE, No Obligation Consultation.

I’d be happy to educate you on this program and many others that only  an “Experienced Mortgage Pro” like me knows about.