Title: Federal Housing Administration Insurance (Low down-payment)
1All Western Mortgage
2Mortgage Loans that require No or Low
Down-Payments
- Buying a home has become relatively easier
nowadays than it was a couple of decades back and
potential buyers with little money for down
payment can now also buy their dream house. The
Federal Housing Administration insures home
mortgage loans with low down-payments, whereas
The Department of Veteran Affairs (VA) and
Department of Agriculture (USDA) facilitate home
loans with no down-payments.
3Here are some mortgage options for borrowers
looking for zero down-payment or low-down-payment
home loans.
- 1) VA Mortgage (No down-payment)
2) USDA Mortgage (No down-payment)
4Here are some mortgage options for borrowers
looking for zero down-payment or low-down-payment
home loans.
- 3) Private Mortgage Insurance (Low Down Payment)
4) Federal Housing Administration Insurance (Low
down-payment)
51) VA Mortgage (No down-payment)
- For qualified veterans and active-duty service
members of the armed forces, along with certain
members of the National Guard and reserves, the
VA guarantees mortgages with no down-payment.
Private mortgage lending company like All Western
Mortgage also offers VA loans that are guaranteed
by The Department.
62) USDA Mortgage (No down-payment)
- The USDAs Rural Development Mortgage Guarantee
Program is extremely popular and isnt just
confined to the farmlands. The maps on USDAs
website highlight the eligible areas for this
type of mortgage and there are also restrictions
on household income in order to qualify for this
loan. This program is intended only for the first
time buyers, however there are some exceptions.
73) Private Mortgage Insurance (Low Down Payment)
- If you are a qualified borrower and match the
credit requirements of Private Mortgage Insurance
(PMI), you can get a mortgage loan with
down-payments as low as 3. PMI also costs less
than FHA insurance.
84) Federal Housing Administration Insurance (Low
down-payment)
- For people with imperfect credit scores, FHA
insured mortgage loan is a great option. Under
this scheme, you can get a mortgage loan with a
minimum down-payment of 3.5. However, FHA
charges a fixed premium of 1.75 of the loan
amount.
9All these loans and many other no or low
down-payment mortgage loan options are available
at All Western Mortgage. Visit our website
http//www.awmlending.com/ to know more.
10Contact - All Western Mortgage
- 8345 W Sunset Rd, Suite 380Las Vegas, NV  89113
- 702-850-2790
- Corporate 702-369-0905
- Fax 702-906-0153
- E-mail info_at_awmlending.com
- http//www.awmlending.com/