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Jay Rogers
Charleston Homes For Sale Realty
1233 Spoon Court
Mt. Pleasant, South Carolina,
Office: 843 849 7587
Cell: 843 367 7587
Fax: 800 889 1847
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Lic. #: 24852
low-down-payment home loans PDF Print E-mail

Are there low-down-payment home loans?

A host of private lenders offer low-down-payment loans. In addition, there are government programs to help cash-strapped buyers.
The U.S. Department of Housing and Urban Development offers a variety of programs through the Federal Housing Administration that require approximately 4 to 5 percent cash down. Loan limits vary depending on the county where the property is located.

Fannie Mae's Community Home Buyers program allows people to buy with just 3 percent down. For details, contact lenders who offer government-insured loans. In addition to calling lenders for information, contact Fannie Mae directly at (800) 832-2345.

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Last Updated ( Wednesday, 30 July 2008 )
 
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