Can you still buy a home with "NO MONEY" down?? YES!!

No money down government loans do still exist along with several other types of loans that may meet your mortgage needs. Here is a brief overview of the government loans that are available depending on your qualifications.

• The FHA is a government mortgage insurance program. FHA mortgage loans make it possible to purchase a home with as little as 3.5% down payment and the FHA refinance programs allow up to 115% LTV's.
• USDA home mortgage also known as a rural development mortgage provide up to 100% financing to qualified borrowers. The USDA mortgage program also does not require borrowers to pay for mortgage insurance.
• America’s men and women who have served their country may be eligible to use the VA Loan program in order to make life a little easier. VA loans provide many options for helping veterans purchase, improve, or refinance their primary residence.
• Just recently becoming government mortgage programs Fannie Mae & Freddie Mac provide a wide variety of mortgage programs like 40 year mortgage terms, Police / Firefighter/ EMS / Teacher programs, and Bi-weekly payment options just to name a few.

For more information on these great loans please go to the website link below and see which one fits your needs. If you have any questions or concerns please feel free to contact me at 805.801.1747 or erichsalas@sbcglobal.net or go to my website at www.ErichSalas.com and get to know me a little better.

http://government-mortgages.com/

Erich Salas
"The Catalyst For Your Success"
DRE# 01503394