New 0% Down First-Time Home Buyer Loans Are Here (How to Get One)

BiggerPockets 14 views

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@stevend481
Dave Ramsey doesn't approve lol
Comment from : @stevend481


@jamesjanotta2363
How long will these systems be in place? For example if I’m not planning on getting into something for another 6 months, will this still be available to me?
Comment from : @jamesjanotta2363


@Solecito111
Great video, lots of great information🔥brbrI live in Arizona and I’m currently working with a buyer that had pre-qualified for a loan with and interest rate of 599 and a down payment grant It’s been a rocky road The lender asked for too many requirements and letters of explanation It’s been 3 weeks and they just told us that the house we have under contract is out of the county in which the program is offered It’s been a mess The only option they offered my client was the Chenoa program at 725 interest rate and now only 6 days before our COE we have been asked for more requirements and still don’t have the CTC 😣
Comment from : @Solecito111


@DelCarloAdventures
You don’t want to buy a home with zero down payment that’s how you lose your house good strategy I never heard of assistance I would never know because I don’t qualify the government likes to heard the sheep 🐑
Comment from : @DelCarloAdventures


@brucebanksshow
Wait is everyone eligible for the programs mentioned in the video?
Comment from : @brucebanksshow


@ChefAndrewChupp
I’m afraid rate buy downs are gonna cause a future housing crash So many people are banking on rates going down Can they really afford the payments without the rate buy down? Seems way too risky
Comment from : @ChefAndrewChupp


@christaledwards9464
Can you discuss the credit score needed for these first time home buyer programs? 13:31
Comment from : @christaledwards9464


@NicoleHatchRealtor
In WV we have USDA (0 down payment loan) and WV housing (forgivable grant) There are income limitations, so not everyone can qualify One of my buyers used USDA combined with WV housing grant (up to $10,000) and was able to purchase their home with the only out of pocket expenses being their EMD ($500) and their inspections costs ($500) This is not common We got lucky finding the right deal and negotiating well A lot of sellers will not entertain USDA because they almost always will require repairs after appraisal
Comment from : @NicoleHatchRealtor


@MrAbword
Shiba gets to penny, there’s going to be billionaires made 😂
Comment from : @MrAbword

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