Zero Down Payment - VA Home Loans
Finance up to 100% of the purchase price
Closing costs financed up to an additional 3% (some restrictions apply)
Decent credit required
No maximum income/earnings restrictions
Available on 30 and 15 year fixed rate programs
Loan amounts up to $500,000
80/20 (80% 1st mortgage plus a 20% second mortgage)
No down payment required
Eliminates need for private mortgage insurance
Build equity faster as you pay off second mortgage
Closing costs may be covered with a slightly higher interest rate
Available on 30 and 15 year fixed mortgage rate programs
Mortgage loan amounts up to $1,000,000
Down payment assistance programs with Zero Down were designed for qualifying borrowers who want to maximize the leverage of their financing for the purchase of a home that will be their primary residence.
Check Lender Rates and then you can determine which Zero Down mortgage program scenario is right for your particular situation, it's free and easy. Don't settle for just one quote!
Restrictions apply. Program terms not always available in California and are subject to change at any time. See Government Assistance Programs.