You can purchase a home with a 1/2% down payment. That’s a down payment of $875 for a purchase price of $175,000! This program requires 2 loans, a FHA 96.5% first mortgage and a 3% second mortgage. The second mortgage is a 15 year fixed mortgage. The second mortgage can be used to cover closing costs as well as a down payment. This program has provided over 7.2 billion dollars of 1rst and 2nd mortgage financing and helped over 53,000 families purchase homes since 1993.
Please contact Chris Rosner at 480-227-6944 or email@example.com, if I can help you or someone you know purchase a home.
Renaissance Lending Group, LLC
Mortgage Planning Professionals