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ZERO DOWN MORTGAGES


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Blog by Scott & Marcella Williams | November 18th, 2010



ZERO DOWN MORTGAGES


This is a 95% financing with a 5% Lender Cash-Back that can be used for the 5% downpayment.


Here is how it works:

  • Cash Back of 5 % of Purchase Price paid to the Lawyer on closing.
  • 5% Cash Back to be used for Down Payment.
  • Requires a 650 Credit Score but averaging of Applicant Scores is allowed.
  • Closing Costs must come from own resources 90 day history of bank statements.
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     Thats all there is to it! Sound interesting? Click here to get started.