who is the best to get a loan for a house threw. without having a down payment?
341922
Most banks offer zero down financing. You may pay 1/8-1/4% higher in interest rate because of having nothing to put down. I am a lender and the 30 year fixed rate today with 5% down is 6.625% and for 0% down the rate is 6.875% fixed for 30 years. You do not need to go with a variable rate like the other answer to your question stated. You can chose fixed. Closing costs are the same as if you had money down. The key is to shop around to find the best rate and the best in closing costs. Find a lender you trust. Zero down loans are a good way to get into a house with no money out of pocket. You have lots of options.
73127
You can buy a home with as little as $500. Negotiate with the seller to pay closing costs. USDA, Fannie Mae and Freddie Mac all offer loans with 0% down payment. A lot will have to do with your credit. USDA allows for minor credit problems. Talk to your friends and co-workers to find a referral for a good lender. If you want to buy in Ohio, I can be your lender. :-)
396203
go here there are lots of loan programs that may help you http://www.allsolutionsnetwork.com/cgi-bin/d.cgi/CB9051/no_down_loans.htm
2569
FHA loans for first time home buyers do offer some no money down loans. Talk to your loan officer of choice. These loans may have higher interest rates, and certainly include PMI (premium mortgage insurance) that will increase your payments.
685416
Hi Pat,\n\nI am a loan officer and you should easily be able to get a loan.  We are not allowed to discriminate because of age and with a credit score of an 850 you can get the best deals out there.  I would recommend you asking around and find a trusted mortgage broker who can search out the best loan for you.  Most brokers work with about 50-100 different lenders and can find you the best deal out there.  If you are in Texas I can help you and if you are in another state I can probably refer you to a good company.  Feel free to email me if you would like a referral.\n\nBy the way, if you do get into a house you can then do a reverse mortgage and pay off your loan or get some money back.  I specialize in reverse mortgages and would be happy to assist you with that also.
630661
You can look for houses on any mortgage lender or estate agent online. I hope you don't mean getting a free house. You won't do that!
873731
Mostly places that will charge you an outrageously high interest rate. You are better off waiting to get the loan, and try paying off some of your old debts and improve your rating. It is very hard to do, but possible, with a little perseverance. Much luck.
1140279
Im in the process of buying a house and I went with Direct Line as they go with affordability only.\n\nMe and my husband spent 4 years trying to find a good house for less than 60,000, but ended up going for a new build, with 5% deposit paid by the estate agent aand was able to afford the 100,000 mortgage we needed for the house.\n\nDirect Line - you do all of the hard work on line, they send some forms for you to fill in, send them back with other information (wage slips, back details, address info etc...) then they either offer you the mortgage or not.\n\nWe were actually quite lucky to get ours because my husband has just started a new job so there was abit more info to gather up and send off.
625098
What is your definition of terrible? There is always a loan out there but getting it can require out of pocket funds to qualify. If your credit is really bad most lenders will not finance a 100% purchase so you'll need to come into the deal with funds for the down-payment and closing costs.\n\nGive me a call or drop me an e-mail and we can go over your specific scenario.\n\nKruorock@firstratelending.com\n866-562-6838 x 106
419903
With no deposit loans the interest rate is higher (to cover their losses) and you need REALLY good history, 3 years in the same job, good income and NO defaults on your credit statement.  If you meet these critera then it may be good not having to put any money in.\n\nBut another option is to go through Keystart Loans, they only need a $2000 or 2% deposit depending on which is higher and you can use your first home owners grant as that deposit.\n\nMost other banks wont allow you to use your grant and you just get the money later on.
316870
There are loans that do not require any documentation, or only require verification of assets.  You will need good credit, and might need to put money toward a down payment to keep the interest rate at a decent level.  Call a mortgage company.
88573
I almost did, but found out I would be paying almost twice a much for house.  You can get non-documentation loan, but they are tricky too.  Check with several real estate agents or an attorney.
687105
I found there is a great free report at:\nhttp://www.first-time-homebuyers-loans.com\nthat is really helpful.\n\nIt will point you in th right direction.  From there you will know what questions to ask and what to look for.\n\nHope that helps,\n\nGreg S.
595011
There are plenty of options available to you.\n\nThere is a great free report at http://www.first-time-homebuyers-loans.com that will point you in the right direction.  It is very helpful, but to big to copy it here.\n\nGood luck,\n\nGreg
928894
First, don't get forced into the builder's preferred financing unless the incentives make it worth your while! If you can, find a loan rep who will get you pre-approved somewhere. Yes, you do have to give the builder a deposit of some sort (or it's called a good faith deposit). Hopefully your loan rep will explain everything to you in plain language and through the whole process. You may want to contact a company "Home Loan Experts" who helped me a lot! They can shop for the best deal for you! Good luck!
482935
There are plenty of companies that offer 100, 103 and 107% loan options.  Lending Tree.com would be a start.
995600
Try www.prosper.com if you really want to borrow some money and a bank won't lend it to you.  However, if you are struggling just renting, it's unlikely you'd be able to make higher payments.  Try saving just a little bit of money - like 50$ a month in an account for a down payment.  Once you make it automatic, most people find they are able to do this and are able to move it up slowly.  Then you can check into first-time home buyers programs in your state, which can help you get a loan with as little as 3% down payment.  Check out the department of housing and urban developments info: http://www.hud.gov/buying/index.cfm