Buying A Home With Little To No Money Down

With historically low interest rates, buying a home is extremely attractive right now. However, some people are still waiting on that first home purchase while they build up a large down payment. Thanks to several government backed programs, it is truly possible to buy a home with little to no money down.

Some of the programs, such as the VA mortgage, are only available to certain people. Other programs, like the USDA loan, are only available to certain properties and income levels. However, for people with decent credit scores and steady income, there are several options to choose from.

Although it sounds cliché, now really is the time to buy a home. Mortgage rates can only rise from their current levels. Getting a home now, at these attractive rates, will allow many people to buy more home than they planned and give them a chance to finally own instead of rent.

Read the full article on my blog and learn how to buy a home with little to no money down https://www.madisonmortgageguys.com/buy-home-no-money-down/

Be sure to avoid these no down payment mistakes in the video below!