Are you aware that there is still 100% financing readily available? Most people aren’t, most Real Estate agents aren’t, and this is causing some first-time home buyers to not even try.

This is not FHA, which requires 3% down, but a true $0, no money down loan. It’s not a VA, restricted to qualifying veterans. This government program actually allows for 102% LTV (Loan to Value) financing. Flexible credit guidelines, No mortgage insurance, No maximum loan amount, Include closing costs/repairs/renovations in the loan, No minimum credit score, and Non-traditional credit may substitute for lack of traditional credit history. These are just a few of the features that make this a great opportunity. The best thing is it should be available from YOUR lender. No magic, no gimmicks. Imagine being able to advertise your for sale property with this option or a new home buyer getting into that first home with no money out-of-pocket.  

Of course there is no magic bullet and some restrictions do apply, but they are few. If you know someone who could benefit from such a program, perhaps you should check into the USDA Rural Development program. For details go to http://www.rurdev.usda.gov/rhs/sfh/gsfh_information/real%20estate%20professionals.htm and learn how it can work for you.

 Remember what Leonard Ravenhill said, “The opportunity of a lifetime, must be seized in the lifetime of the opportunity.”