Wednesday, August 13, 2014
Home for sale with "No Money Down", in Lilburn GA.
This lovely brick traditional features 4 bedrooms and 3.5 baths
FHA Mortgage loans requires 3.5% down of the contract price and conventional mortgage loans requires 5%, but there are d own payment assistance programs like Georgia Dream, Invest Atlanta, Neighborhood Stabilization, USDA and others that will provide money for the down payment of a home in the form of a grant or a "soft second" (when the debt/lien is discounted or forgiven over time). However, to qualify for these programs, the buyer must credit qualify for a home mortgage.
Most mortgage lenders do not work with down payment assistant programs, but the team of mortgage professionals that ATL Real Estate Group works with, not only offer these programs to the home buyer, but they are highly familiar with the majority of these programs available to home buyers in the metro Atlanta area.
If buying a home is in your is in your heart, but your credit has flat lined; the very first step is to put in the work to improve your credit. Improve your credit to purchase a home for "no money down".
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