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WE CAN HELP YOU BUY REAL ESTATE, HOMES & INVESTMENT PROPERTY WITH A NO MONEY DOWN MORTGAGE IN CENTRAL OHIO
No matter what your price range, there are many ways to buy a home in Columbus Ohio with a no money down loan including: government loan programs such as grants, OHFA Ohio bond money, VA loans for veterans, gift funds and other no money down mortgage loans. Which one is best for you depends on your financial situation, employment history, credit status and how long you plan to be in the home. We have even helped people with credit challenges such as bankruptcy, foreclosure, unpaid collections & more!!
No Money Down Payment Mortgage Gift Programs
There are several no money down home loan gift programs that the seller can agree to participate in on behalf of the buyer, for an administration fee. The most common ones are: Ameridream and Nehemiah. There are typically no income limits and you don't have to be a first time home buyer, however, these are typically used for homes that fall within FHA guidelines and price limits. Gift money from a family member can also be used as your down payment under certain conditions.
First time home buyer government programs
There are government programs that provide lower than market interest rates and down payment assistance to those who qualify. You must be a first time home buyer - or have not owned a home in your name in the last 3 years. It is usually provided 2 times a year until the alloted money runs out. If you're interested, I will notify you when it becomes available. This is FREE money from the government to buy your home, so of course there are strings attached - but it's still an awesome deal.
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MARCH 12, 2008 OHIO GRANT MONEY UPDATE
(FREE Ohio Bond Money to first time home buyers and now veterans!!)
Limited funds are available, CALL TODAY to see if you qualify!
Unassisted - 30 year fixed interest rate at 5.85%
Assisted - 2% FREE money for down payment & 30 year fixed rate of 6.375% |
Conventional No Down Payment Home Loans
For those with excellent credit Conventional loans offer a lot of flexibility and options for buying a home with no money down. Conventional loans also allow higher purchase price limits than FHA loans do. Many lenders offer 100% loans, 103% loans to cover closings costs as well as 80/20 loans to eliminate PMI. Conventional loans are also ideal for many condos that may not qualify for an FHA loan.
VA Home Loans for Military Veterans
 If you've served in the military, you may qualify for a VA no down payment mortgage loan. VA loans offer great benefits including: no money down, low rates, easy qualification and NO MORTGAGE INSURANCE (PMI) to keep your monthly payment lower. You've earned it and you deserve to take advantage of this incredible opportunity!
Loan Limits Increased - To $359,650!
The Veterans Benefits Act recently raised the VA loan limits allowing more Veterans and individuals on Active Duty to qualify for VA home Loans. You can now get a VA mortgage loan up to $359,650 with no money down, if you qualify!
Buying Real Estate Investment Property With No Money Down
There are some lenders who provide no money down mortgage loans for investment property. The interest rates are typically higher than if you had 5-10% down though. However, as an owner occupant you can buy an investment property with no money down and save greatly on the interest rate, closing costs & more!!
ARE YOU READY TO BUY REAL ESTATE WITH NO MONEY DOWN? Please call me at 614-895-0496 ANYTIME from 8am-10pm EST, or share a few details about your ideal home below and I'll be in touch soon.
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