A Mortgage With No Down Payment

A mortgage with no down payment? It’s possible.   

Getting into a home with no down payment can be done. We have access to several lenders with unique solutions. A no down mortgage can be a great fit for the right situation. 

What kind of situation are we talking about?

One that’s increasingly common: The recent graduate, has a new job and a history of responsible borrowing. They’re focused on paying down student debt, leaving them with little leftover to save for their down payment. They rent a nice apartment, and could afford to debt-service the mortgage on a nice home. The only issue is they need the down payment saved.

We have access to no-down lenders with unique and flexible products. Some lenders offer cash-back at closing. Other lenders will advance funds in the form of a line of credit, offering the borrower increased flexibility to make improvements to the home, purchase furniture, etc.

If you find yourself struggling to save for a down payment for all of the right reasons, contact us. There are options out there that may be a great fit for you. We can assess your situation and determine if the no-down mortgage makes sense for you.