How can I buy with no money down?
The most common method of purchasing a home with no money down is
by utilizing a Veterans Administration entitlement. To do this, you must be a veteran having served in the armed forces
and have issued to you a DD-214. This
is the certificate of eligibility towards purchasing a home utilizing your
VA entitlement. If you have served
in the armed forces and believe you qualify for a VA entitlement but do
not possess the DD-214, we can assist you in acquiring that form from the
VA. There are some programs
out there that do allow 100% financing on approved credit without having
served in the armed forces. Many
lenders now offer an 80% first trust deed backed with a 20% second trust
deed and in some cases even more. Many
home buyers in today's market are processing a second deed of trust with
the processing of the first deed of trust to repay a friend or relative a
borrowed down payment.
Landmark Mortgage
specializes in assisting individuals in the home buying process
including assisting Veterans in maximizing their VA entitlements.
We also assist those buyers wanting to purchase a home with little
to no down payment. We can advise you on the best
approach and help you get the house of your dreams!
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