How To Buy A House With A Low Down Payment in Gilbert AZ
Last updated on July 13, 2014Is a big down payment the only thing stopping you from taking advantage of the most affordable real estate market in decades? Check out this quick video to discover why you might be closer than you think.
Low and No Down Payment Loan Programs
There are several low down payment financing options available including; FHA 0.5% Down Financing Program, Conventional 5% Gift Down Payment Program, VA ZERO Down Financing, USDA ZERO Down Financing. Down Payment Assistance Program is also available. If you had foreclosure, short sale and lost your home due to financial hardship in last 12 months, you may able to buy again with FHA Back to Work Extenuating Program. Contact Us to see what programs you qualify for!
Skilled Negotiations Can Save You Money
Once you have found a home and are ready to make an offer, it is very important to work with a Realtor with experience negotiating. We can negotiate for all closing costs to be paid by the Seller. This keeps more money in YOUR pocket. If you qualify for a VA loan, we can negotiate terms which require no money down. Contact us today to find out what other negotiation strategies we can put to work for you!
Free Pre-Qualification
Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes and is free.
While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
Swee Ng, Realtor with Keller Williams Realty who live, work and play in Gilbert AZ, specialize in Residential Resale, First Time Home Buyer and Investment Homes.
Call 480.721.6253 today for complementary consultation. Buyer's Representation Services (NO COST TO HOMEBUYERS)
