Thank you for using our 425.com mortgage website. You have requested information on "How Can I Buy A Home with No Money Down?" The most common method of purchasing a home with no money down is by utilizing a Veterans Administration entitlement. To do this, you must be a veteran having served in the armed forces and have issued to you a DD-214. This is the certificate of eligibility towards purchasing a home utilizing your VA entitlement. If you have served in the armed forces and believe you do qualify for a VA entitlement but do not possess the DD-214 we can assist you in acquiring that form from the VA. There are some programs out their that do allow 100% financing on approved credit without having served in the armed forces. Many lenders now offer an 80% first trust deed backed with a 20% second trust deed and in some cases even more. Many home buyers in today's market are processing a second deed of trust with the processing of the first deed of trust to repay a friend or relative a down payment they may have lent them to get involved in home ownership.
The loan professional that has made this information available to you specializes in assisting individuals in the home buying process. At (insert company name) we specialize in assisting Veterans in maximizing their VA entitlements. We also assist those buyers wanting to purchase a home with little to no down payment. Your loan professionals in most cases can advice you on the best approach and help you get the home of your dreams! Please contact us to discuss your requirements.
