How to increase your Pre-Approval amount on a limited budget So as we know the three main pillars of getting a Mortgage Pre-approval are your
No Money Down Home Loans - The Definitive Guide
Written By: Travis Carter : Loan Options
No Money Down Loan Programs
USDA Home Loans - Rural Development
Travis Carter – Branch Manager
I have been in the mortgage business for over 18 years. Since joining my first mortgage company in 2000, I have focused on providing a better mortgage experience. I have managed and trained 30+ mortgage professionals since starting my career. I specialize in first time homebuyer loans including FHA, VA, USDA, and Conventional financing. My goal is to never stop learning and test new financial strategies so I can pass this knowledge on to my clients.
If you have questions or would like to apply for a first time homebuyer loan, I can be reached at email@example.com
Finance Closing Costs for a True No Money Down Loan
So now you know your loan program options but you will also need to contend with closing costs. In some areas closing costs can exceed 5% of the property sales price. This means that a $100,000 home purchase could have closing costs as high as $5000. Title insurance, homeowners insurance, attorneys, appraisals, and the state transfer taxes are just some of the fees you will be charged. Fortunately closing costs can be covered by seller concessions (Seller paid closing costs).
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