Zero Down Loans For First Time Buyers in Bloomfield Hills
Call (248) 674-6450 For an Instant Pre-Approval!

Are You Looking to Purchase Your First Home With Zero Down?

We're Dedicated to Making Your First Home Purchase as Easy & Stress Free as Possible!

Your 5-Star Mortgage Experience Includes...
  • A no-cost/no-obligation pre-approval...
  • Find out how much you can borrow...
  • Start house shopping today...
  • Answers to all your questions 24/7...
  • Access to the lowest rates possible...
  • We help buyers with credit issues...

Call (248) 674-6450 For an Instant Pre Approval

Zero Down Loans For First Time Buyers in Bloomfield Hills

If you're a 1st time home buyer in Bloomfield Hills Michigan and you are leaning towards a zero down payment mortgage loan, you'll be glad to know you have a couple options. All of these choices will have strict guidelines that have to be followed if you want to put nothing as a down payment when financing your first home. Below you will become aware of a list of choices available to you as a first time home buyer in Bloomfield Hills Michigan.

The Michigan USDA Rural Development Loan

The first choice for a 0 down payment mortgage loan is the United States Department of Agriculture's RD mortgage. This home loan requires zero down but is the beneficiary of an up front mortgage insurance premium and it also has income & geographic regulations. Call us at 248-674-6450 and we will tell you if the United States Department of Agriculture Rural Development home loan is a good fit for you.

MSHDA Down Payment Assistance

Another thing to think about on 0 down home loans for first time home buyers in Bloomfield Hills Michigan is working with state departments like the Michigan State Housing Development Authority. MSHDA has opportunities for down payment aide that can be used in conjunction with FHA loan financing. This assistance can total up to $7,500 and doesn't force you to make any payment nor does it charge interest but it has to be paid off should you need to refinance or sell the home. There happen to be other rules to the MSHDA down payment assistance program like your mortgage total and your gross income as it is put in place to assist buyers earning lower to moderate wages.

Local And Federal Grant Money

The last option I have on zero down home loans for first time home buyers in Bloomfield Hills Michigan is to look up any federal money offered to Bloomfield Hills for neighborhood stabilization programs. You will find more in reference to the options that could be offered in your township by reaching out to your townships community development representative which will be located in Google.

If you happen to be interested in zero down home loans for first time home buyers in Bloomfield Hills Michigan call 248-674-6450 ASAP!

Accurate Mortgage Payment Calculations on The Go
Our mortgage app allows borrowers to calculate mortgage payments using up to date mortgage rates as well as accurate mortgage insurance premiums based on product and credit score

Designed with ease of use and accuracy in mind

Most mortgage calculators force users to input unknown data like mortgage rates or mortgage insurance. Without the correct data these calculations become worthless. Our app populates this data for the user based on up to date mortgage rates and accurate mortgage insurance quotes based on loan product and credit score.

Buit-in convenience within the admin area

The app has a really cool admin area that allows you to securely scan and send important mortgage documents right from your phone. No need for a fax machine or a scanner when our app will do the job.

Install on your phone for easy access 24/7

Our mortgage app can be installed by simply entering your mobile number and opening a text. Once installed, you'll have full access to the app and be able to perform unlimited mortgage calculations for any available mortgage product. This allows you to accurately compare different mortgage products on the go.

All mortgage calculations are saved

You can review any of your previous mortgage calculations from within the app. This makes it easier to compare different mortgage programs as well as other loan parameters. This can save you from running the same numbers over and over again.

Share this article

Comments

  • October 26, 2011

    Thank you for your blog.Really thank you! Fantastic.

  • Victor Hunter
    October 27, 2011

    I loved your blog.Really thank you!

  • Clarence Fisher
    November 2, 2011

    Major thankies for the post.Really looking forward to read more. Keep writing.

  • October 18, 2013

    Excellent blog here! Also your website loads up fast!
    What web host are you using? Can I get your affiliate link to your host?
    I wish my website loaded up as fast as yours lol

Leave a comment

Your email address will not be published. Required fields are marked *