4 Loan Programs With Zero-Down Payment

Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a decade ago, home prices were skyrocketing month-to-month, giving homebuyers “instant equity.” Mortgage lenders offered “zero-down” home loans to most of their customers, with confidence that those borrowers would soon own a significant stake in their homes. However, the housing market crashed, and home prices began plungin...

May 22nd, 2019 | Purchasing a Home, First-time Homebuyers, Government Loans, FHA Loans, VA Loans, USDA Loans, 4 Loan Programs With Zero-Down Payment

IDFPR, Division of Banking
Kerri Doll
Director
320 West Washington, 3rd Floor
Springfield, IL 62786
Phone:  888-473-4858

RDS Mortgage Corporation

Phone: 630-435-9100 | Fax: 815-531-0901
14722 S Naperville Rd, Unit 104, Plainfield, Illinois 60544
RDS is an Illinois Residential Mortgage Licensee #MB.6759848, NMLS# 205337

RDS Mortgage Corporation is a BBB Accredited Mortgage Broker in Plainfield, IL