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My co-worker borrowed funds to hold them on deposit. The funds were verified so she could qualify for her mortgage. It was easy to get the loan with no credit check because she agreed to just hold the funds on deposit. Then she got a down payment assistance program to make her down payment for her, and she just gave back the deposited funds loan proceeds to the lender. It also helped her credit. I know she got the loan with creditloader dot com, but I don't know what kind of down payment assistance she used. Can anyone recommend a down payment assistance program that is still widely accepted? jameswalker@inbox.lv
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∙ 15y ago
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Where can someone go to obtain down payment assistance?
You can receive down payment assistance from various loan companies. You can also find down payment assistance information from your local state department, this is not available in all states but it is always worth checking there first since often they turn out to be much cheaper and easier to obtain.
Where can you get down payment assistance for a home loan that requires twenty percent down?
nobody is going to loan you a down payment - contact family members or save the money yourself
Is there a way to get down payment assistance on a HUD foreclosure but have a conventional loan?
== == You can only receive DPA through FHA, and not conventional. HUD repos only require 100 bucks down
Where can one find mortgages which require no deposit?
One can find mortgages which require no down payment through programs such as FHA and VA loans. One can also get a mortgage with little to no down payment through the first time buyers program.
How long is the average first time buy mortgage?
Most First-Time Home Buyer mortgage programs require a 30-year mortgage although there are some exceptions. Most offer a lower down payment or even no down payment but there are downsides to these programs. Consultation with a reputable mortgage broker and your banker will help cut through the confusing language and give you the best advice.
Where can someone go to obtain down payment assistance?
You can receive down payment assistance from various loan companies. You can also find down payment assistance information from your local state department, this is not available in all states but it is always worth checking there first since often they turn out to be much cheaper and easier to obtain.
Where can you get down payment assistance for a home loan that requires twenty percent down?
nobody is going to loan you a down payment - contact family members or save the money yourself
Are there any programs that give down payment assistance for a vehicle like they have for buying a house?
There is a program that assists anyone in the country with borrowing cash for a down payment. There is a great loan product designed to help people who need extra cash now to pay for the down payment of a vehicle. There are about 150 lenders that bid against each other to provide the loans. These loans usually do not require credit checks or hard inquiries or faxing of identification documentation. The applicant gets a decision in 3-5 minutes and the money can be direct deposited in as little as 2 hours. The only Down Payments Assistance programs for the purchase of a car are directly associated with the automobile manufacturers finance company such as Chrysler Credit, Ford Motor Credit or GMAC. Currently they are running "Down Payment Assistance" rebate programs. These programs require that you purchase a NEW vehicle and finance it with the dealers finance company. For more information, see your GM, Ford or DaimlerChrysler dealer. However, if you do not have the down payment yourself, it may be better for your personal finances to buy a used car--lower price over all, shorter payment time and less expensive to register and insure. Easy money is just that: they do not consider your whole situation as they are in the sales business.
I need info on the down payment assistance programs for first time buyers in Brevard County.?
The information can be found at Brevard County Housing and Human Services website at http://www.brevardcounty.us/housing/first-time-homebuyer.cfm.
How can you get 2000 for a down payment for a home?
If you have not saved this amount yourself, then your best option is to investigate organizations that provide down payment assistance. From my experience there are some requirements before you can get approved for this type of service.
Are there any programs for single women over 50 purchasing first home and help on down payment?
Help on down payment First time grant in louisville, ky
Are there any Ohio programs for low income assistance?
You can check out the Lutheran Services assistance programs.
Zero down loans?
USDA has 100% financing for rural proprties based on income, house, area, credit. But you must qualify for it. You can perhaps go to a private seller or look for down payment assistance fom your state, town, or county. Then, you have to find a bank that will accept that assistance. Nowadays, there are still a FEW banks that will still finance with that. Do not look for federal programs, they no longer exist. Also, if you do get ant assistance, a private lender may also fund you.
What are public programs?
There are many public assistance programs in America today. The most common one is welfare, but there are housing assistance programs, food assistance programs available also depending upon where you live. The first place for a person to start is their church.
What are some government mortgage assistance programs available?
There are many programs out to assist you with your mortgage. Some mortgage assistance programs include HUD and Help with Mortgage.
What is considered public assistance?
There are many public assistance programs in America today. The most common one is welfare, but there are housing assistance programs, food assistance programs available also depending upon where you live. The first place for a person to start is their church.
Is there a way to get down payment assistance on a HUD foreclosure but have a conventional loan?
== == You can only receive DPA through FHA, and not conventional. HUD repos only require 100 bucks down
