Zero Down Mortgage Loan

Purchaseing home with zero down payment.

Today's loan programs have changed. The zero down program has drastically changed with it. No longer a 80/20 or first and second mortgage. If you want to purchase a home with no down payment, you must get "1" loan. This is the 100% zero down 1 loan program. It works the same as traditional way we used to purchase homes, however with a few differences.

While the interest rate may appear to be higher than you might expect. Prior to the use of this program was the 80/20 which was a first and second mortgage. The first was usually at a higher than normal rate, and the second was in the double digits. This made the average mortgage rate somewhere near 9% in most cases. So don't look to much at the rate in a zero down loan, its always been that way.

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Mortgage Options

Conventional Mortgage Loan
Zero Down Mortgage Loan
Construction Loan Mortgage
Custom Home Mortgage
FHA Purchase Mortgage
Investment Mortgage Loan
Payment Option Arm Mortgage



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