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What Are The 100% Mortgage Financing Options in Connecticut

To a lot of people buying a home can be one of the biggest purchases of their lives and with that being said also one of the most stressful. After being in this industry for over 4 years I quickly noticed that the biggest thing people worry about is of course the money aspect of things. There are three main components that borrowers (you) will be spending most of their money on and that is your prepaids (escrow), Closing costs (services you used to obtain the loan) and last is your down payment which in most first time home buyers cases is either 3.5% or 5% of the purchase price. As you can imagine these costs can add up. Well I’m happy to say that listed below I have some options that may help cut some of those costs down.

 

Financing options:

 

  1. Veterans Affairs (VA) Loan (offers up to 100% financing)

  2. United State Department of Agriculture (USDA) loan (offers up to 100% financing)

  3. CHFA Home Loans (offers up to loo% financing)

 

There are certain qualifications that need to be met for each of the loan types lists above.  I would be more than happy to discuss the differences of each of the programs with you.  Please call me today for a free consultation.

 

Thanks,

 

aburke

Andrew Burke
aburke@northeast-mortgage.com
Cell: 203-209-0324
NMLS: 1271085/ Company NMLS: 117273