Zero Down Home Purchase Mortgages
With the No Money Down Purchase Mortgage, qualified borrowers can finance the entire purchase price of their home, plus closing costs and prepaid escrows up to 103%.
Find a Local Broker or Mortgage Lender in your neighborhood! Search for lenders and shop interest rates with the top home mortgage lenders online. Get free quotes for 100% mortgages and Zero-Down home loans with featured programs for bad credit, interest only and negative amortization. Lenders Nationwide is committed to providing superior mortgage loan products to all applicants with a premise of fair lending. It is Lenders Nationwide’s policy to treat all of its applicants and borrowers fairly and in accordance with federal fair lending and equal credit opportunity laws throughout the loan process.
- Low Intro Mortgage Rate Possibilities
- Get Multiple No-Cost Loan Quote
- Special first-time homebuyers loans
- Lock in to a low rate 100% purchase loan
- Stated income and no-doc loans for salaried or self employed
- 80-20 home Loans first-time homebuyers
Home Purchase Benefits:
Maximum loan amount to $500,000* with a maximum LTV of 103% for purchase price, plus closing costs and prepaid escrows.
Minimum Loan Score requirement reduced to 680 for every borrower.
Permitted on 15- and 30-Year Fixed Rate; 3/1 and 5/1 Treasury, and LIBOR ARMs.
Interest-Only payment feature permitted on 30-Year Fixed Rate product.
Allows borrower- or lender-paid mortgage insurance.
- Renter to Homeowner
- Easier to qualify for home purchase guidelines
- No upfront cash needed
- Only 2 months’ PITI reserves required
- Fixed Mortgage Payment for 3, 5, 15, or 30 years