A decade ago one could buy a house without having to put any money down. But how times changed in the aftermath of the housing crisis and Great Recession. In today’s market, zero down mortgages are few and far between. However, there are several notable options.
#1) VA— these zero down mortgages are available only to qualified veterans.
#2) RD (or Rural Development)— as the name implies, these mortgages are available only on properties that are outside big city limits.
#3) Indiana Housing— these mortgages may be used anywhere; although they are available only to first time home buyers except in certain targeted counties.
To see if you might qualify for one of these zero down loans, just ask! I’ll be happy to get you answersor to point you in the right direction!