Now You Can Realize the Dream of Owning Your Own Home with Zero Down Payment

Now You Can Realize the Dream of Owning Your Own Home with Zero Down Payment

The Zero Cash Down Payment Program offers you a way to buy a home with no down payment. That’s right, zero down payment.

You may have owned a home before and are presently renting, or are a first-time home buyer and need a way to break into the housing market but held back because you thought you required a substantial down payment. Or you may be in the position where you do not want to liquidate your financial assets to use as a down payment on a home. Regardless of your present situation, you want a way to get into (or to re-enter) the housing market without having to make a cash down payment. The Zero Cash Down Payment Program may be just the answer you need. Here’s what’s required for the Zero Cash Down Payment Program.

Program Qualifications:

1. An excellent credit history:No recent history of bad debts.Consistent and timely payment of current liabilities.

2. Limited liabilities.You will be required to disclose all the current liabilities you have in order to determine how much more debt you can carry (i.e., present car loan, credit cards, etc.).

3. At least three years of employment stability.You will be required to show proof of employment for the past three years, i.e., a letter of employment from your employer or financial statements for the past three years if self-employed.

4. The financial ability to carry larger monthly payments.Without a down payment, you will be required to meet the obligation of larger mortgage payments. Your monthly payments could vary from a few to several hundred dollars more per month.

Under the Terms of the Program, You CAN Purchase Many Types of Properties. This could include:
a. Detatched, or semi-detached homes
b. Free-hold townhomes
c. Condominium townhomes

It is important to note that not all properties qualify for the Zero Cash Down Payment Program.
To ensure you get an accurate picture of what properties may or may not be included in this program in your particular area, it is advisable to review the terms of the program with your Realtor®.