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Can You Buy a House Without a Down Payment?
Manage episode 178468466 series 1043370
Contenuto fornito da Patrick Collins. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Patrick Collins o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
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Basically, you can have no savings and buy a house. How great is that?
…
continue reading
With the El Paso County Bond Money Program, you can get a grant that you don't have to pay back.
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
Want to Sell a Home? Get a Home Value Report
If you don't have money for a down payment, can you still buy a house?
Absolutely.
In fact, there are a lot of down payment assistance programs out there right now that are great for homebuyers. I think the best one right now is the El Paso County Bond Money Program, which is a turnkey program that allows you to buy a house with zero money down. Using an FHA loan, El Paso County will grant you that money for your down payment.
Since it's a grant, you don't have to pay it back and there's no interest. Of course, there are qualifications for this program, but it's the program that I would recommend the most.
There are a couple other great options like C.H.A.C. and C.H.A.F.A.
C.H.A.C. (Colorado Housing Assistance Corporation) and C.H.A.F.A. (Colorado Housing Finance Authority) both allow you to get into a home with no money down. You might need $1,000 in earnest money to put down on a house, but in most cases, you'll be able to get that back at closing.
“
With the El Paso County Bond Money Money Program, you can get a grant that you don't have to pay back.
” Basically, you can have no savings and buy a house. How great is that?
If you have any other questions about buying a home, don't hesitate to give us a call or send us an email soon. We're here to help.
23 episodi
Manage episode 178468466 series 1043370
Contenuto fornito da Patrick Collins. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Patrick Collins o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
<br>
Basically, you can have no savings and buy a house. How great is that?
…
continue reading
With the El Paso County Bond Money Program, you can get a grant that you don't have to pay back.
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
Want to Sell a Home? Get a Home Value Report
If you don't have money for a down payment, can you still buy a house?
Absolutely.
In fact, there are a lot of down payment assistance programs out there right now that are great for homebuyers. I think the best one right now is the El Paso County Bond Money Program, which is a turnkey program that allows you to buy a house with zero money down. Using an FHA loan, El Paso County will grant you that money for your down payment.
Since it's a grant, you don't have to pay it back and there's no interest. Of course, there are qualifications for this program, but it's the program that I would recommend the most.
There are a couple other great options like C.H.A.C. and C.H.A.F.A.
C.H.A.C. (Colorado Housing Assistance Corporation) and C.H.A.F.A. (Colorado Housing Finance Authority) both allow you to get into a home with no money down. You might need $1,000 in earnest money to put down on a house, but in most cases, you'll be able to get that back at closing.
“
With the El Paso County Bond Money Money Program, you can get a grant that you don't have to pay back.
” Basically, you can have no savings and buy a house. How great is that?
If you have any other questions about buying a home, don't hesitate to give us a call or send us an email soon. We're here to help.
23 episodi
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