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No Money Down You Can Buy A Home In Colorado
There is Money to Loan! Watch this video to learn how.
When the media states you need 20%, 25%, or even 30% down to purchase a home in today’s economy, I think this will be the most important video you will ever watch. Here’s why:
This is not true.
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The truth is. . .
- Conventional mortgages require just 3% down, or on a $550,000 home purchase, that comes to $16,500.
- FHA mortgage loans require just 3.5% down or on a $550,000 home purchase that comes out to $18,500. Better yet, this can be given to you as a gift. In other words, your mom, dad, brother, sister, aunt, or uncle can provide you with this down payment. It can come from your retirement account and even from your employer in the form of a bonus check. The purchase is a no-money-down purchase by receiving a gift of a down payment for an FHA loan.
- If you are currently a member or have ever served in the military, you may be eligible for a VA mortgage loan that requires no money down.
