Silent Second Mortgage Programs.
We're helping people buy with little or nothing down each and every
day!
There are several loans
available for people with limited funds. Each of the programs listed below
are different. Some offer lower interest rates than others, some are
subject to availability of funds, some have income limitations, some are
more flexible than others regarding income and credit guidelines.
There are many different
programs of this nature and vary depending on location. Generally, these
loans are designed for first time home buyers promoting home ownership for
low-income income households by providing closing cost and down payment
assistance in the form of deferred low interest loans to households
earning up to 80% of area median. It also promotes City-wide
revitalization of older neighborhoods.
To receive detailed
information regarding programs of this nature in your area, please contact
us.