USDA provides zero down financing for your home.
There are several programs now available for first time buyers that have low downpayment programs available.
The first step is to complete a credit application. If you do not have a banker I suggest WR Starkey. Phone number is 828-242-3969. At this point you will know what you can buy and what programs are available.
USDA is a program that is a true zero down loan program. Homes are eligible based on what they consider rural. Link to USDA direct loan program. USDA use this to review whether the home you are looking at is in the right area.
FHA has 3.5% downpayment.
Special programs are available through the NC Housing Authority. These programs have as much as 25,000 paid toward the purchase of a home. subject to pay back. WR Starkey can provide application and information about these programs.
It is hoped that soon we will be able to have the 8000 tax credit available as a bridge loan which will help provide additional funds for purchase of a home.
The first step is to complete a credit application. If you do not have a banker I suggest WR Starkey. Phone number is 828-242-3969. At this point you will know what you can buy and what programs are available.
USDA is a program that is a true zero down loan program. Homes are eligible based on what they consider rural. Link to USDA direct loan program. USDA use this to review whether the home you are looking at is in the right area.
FHA has 3.5% downpayment.
Special programs are available through the NC Housing Authority. These programs have as much as 25,000 paid toward the purchase of a home. subject to pay back. WR Starkey can provide application and information about these programs.
It is hoped that soon we will be able to have the 8000 tax credit available as a bridge loan which will help provide additional funds for purchase of a home.
