Buying your Home with No Down Payment and No Mortgage Insurance required is simple with First Equity Home Loan, Inc.Keep more money after closing with $0 down payment and no mortgage insurance.
From shiplap covered farmhouse to ultra-modern minimalist, chances are the home you're buying won't exactly match your personal style. Our No mortgage Insurance Conventional loan with additional down payment assistance will help our customers keep more money after closing for decorating, emergency funds...whatever they choose. It helps us qualify many more buyers for our Realty referral partners as well.
We've combined a 97% First Mortgage with No Mortgage Insurance plus a 4% Down Payment Assistance Community Second Mortgage to help more customers qualify and buy the home they always wanted... now!
Fixed rate with interest only payments on the 2nd required until payoff or property transfer. Fixed rates make this very attractive plus mortgage insurance isn't tax deductible like interest. The payments are often lower before the tax benefits kick in. We're qualifying many more borrowers for our Realtor referral partners with this exciting new program. Some restrictions apply. Contact your local First Equity loan officer to explore the details and get started today.