You are probably paying too much in rent right now. What if you could own your own condo for less than you pay in rent? If you think this requires a giant down payment, we have news for you! We can finance the entire purchase. No Down Payment, No Money Down, and a great interest rate on the money. It's not a scam, you don't need perfect credit. If you have worked at a decent job for two years or more, we can get you a condo. Look at the listings below, give us your email address, and we will invite you to have a cup of coffee(on us) and discuss the program.
Here is an overview of the process;
- Contact a Melcher Real Estate Group(MREG) Agent.
- Attend a meeting with our lender to become pre-approved for the program with a price range.
- Work with your MREG agent to locate a home that fits you and the program.
- Make an offer with your MREG agent.
- Get the financing and close the deal!
Typically, we find the biggest hurdle stopping people from taking the leap from renting to homeownership is the down payment that banks and mortgage companies need to lend buyers the money to make their dreams come true. After careful research we have found a program in which you will not need any money for a down payment nor have a perfect credit score!
There are two options available, here are the basics:
FORGIVABLE DOWN PAYMENT – a down payment assistance loan that is forgivable after 3 years of on-time payments.
REPAYABLE DOWN PAYMENT – a loan repaid at 0% interest over a 10-year period or at a competitive market rate over a 30-year period
There are no first time home buyers restrictions nor geographic location restrictions. A credit score of 620 is needed and you are off and running to buying your new home! Call us to set up your meeting today. It is free and there is no obligation.