Zero Down Homeownership

BUYING A HOME WITH LITTLE OR NO DOWN PAYMENT

Here are the four basic programs that do not require a down payment and allow the seller or the lender to pay closing costs. Even though the loan does not require a down payment, a home buyer must be prepared to pay an earnest money deposit to the seller, a deposit toward the cost of an appraisal and the cost of a home inspection. There may be other upfront costs. Be prepared to pay around $2,500 or more in up front deposits. Please call for details, 877-313-5954 - our team is ready to help.

VA Loans
Zero Down
Seller or the lender can pay all settlement costs
Seller can pay off a buyer’s debts to help qualify
Can be used anywhere in the United States
$417,000 Maximum Sales (greater in other areas)
Can finance single family units and two to four unit properties
Click here for more information, see property and financing examples

Rural Housing
Zero Down
Seller or lender can pay all closing costs
Property must be located in a rural area
Income limits apply
Cannot currently own a home
Click here for more information, see property and financing examples

HUD Foreclosures
$100.00 down payment
Must be owner occupied
The seller or the lender can pay closing costs.
Can be used to finance 1-4 units
Can own other property
Allows for a co-signer
Can finance renovations/work order see Purchase & Renovation
Click here for more information, see property and financing examples

State Program
Zero Down
Seller can pay all settlement costs
Property can be located in any place in Washington
Income limits apply
Click here for more information, see property and financing examples

Pierce County Programs
Zero Down
Seller can pay all settlement cost
Property must be located in Pierce County
Income limits apply
Click here for more information, see property and financing examples

Special Note: Our teams are only compensated when we represent a buyer in a transaction or close a mortgage loan. For this reason, only limited property information is available. To obtain full information on these opportunities, please contact one of our team members. Call (877) 313-5954 for additional details.