How to Buy a House with Low Down Payment in Phoenix AZ?
Is a big down payment the only thing stopping you from taking advantage of the most affordable real estate market in decades to Buy a Home? You might be closer than you think.
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Low and No Down Payment Loan Programs
There are several low down payment financing options on How to Buy a House with Low Down Payment available including; FHA 3.5% Down Financing, VA ZERO Down Financing, USDA ZERO Down Financing. *Home in 5 Down Payment Assistance Program, *0.5% FHA Down Payment Program, *AZ Home Plus Loan Program is also available. If you had foreclosure, short sale and lost your home due to financial hardship in last 12 months, you may able to buy again with *FHA Back to Work Extenuating Program. Contact Us to see what programs you qualify for!
Skilled Negotiations Can Save You Money
Once you have found a home and are ready to make an offer, it is very important to work with a Realtor with experience negotiating. We can negotiate for all closing costs to be paid by the Seller. This keeps more money in YOUR pocket. If you qualify for a VA loan, we can negotiate terms which require no money down. Contact us today to find out what other negotiation strategies we can put to work for you!
Also read: Swee’s client literally bought the home with no money out of pocket.
Wondering How Much You Can Afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Free Pre-Qualification
Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes and is free.
While a “pre-qual” is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
*Home in 5 Down Payment Assistance Program,*0.5% FHA Down Payment Program,*FHA Back to Work Extenuating Program, *AZ Home Plus Loan Program is based on program availability. Contact Us today for more information.
Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.
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