Have you heard of Fannie Mae or Freddie Mac? These are the companies that provide conventional home loans. If your credit score is in good shape, you'll only need to put 3% down on your new home.
Are you a first-time homebuyer? Then, an FHA loan might be a good option for you. Generally, you could put as little as 3.5% down.
If you're a veteran or currently active military, your service is appreciated. Getting a VA loan doesn't require a down payment.
USDA Loans are backed by The US Department of Agriculture's Rural Development Program. These loans are for rural and suburban homebuyers. Check with your lender for income and loan requirements if you feel this is the right loan for you.
That's just a brief idea of the loans that allow you to save a little cash upfront. Of course, a mortgage professional will help you find the best option for you. I work with incredible lenders that can help. If you're ready, give me a call, text, or reply to this email. I'd be happy to help you with your move.
We also have lenders that can provide you with NO INCOME check loans with 20-25% down.
Long Island Homes & Horse Properties