Zero Down Loans For First Time Buyers in Fowlerville
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Zero Down Home Loans For First Time Buyers in Fowlerville

If by chance you're a 1st time buyer in Fowlerville Michigan and you're looking for a zero down payment mortgage, you'll be glad to know you have three options. Each one of these opportunities will have specific guidelines that must be considered in order to allow you to put nothing down when financing your house. Below you will become aware of a several options available to first time home buyers in Fowlerville MI.

The Michigan USDA Rural Development Loan

The first opportunity for a 0 down home loan is the United States Department of Agriculture's RD mortgage loan. This mortgage loan requires no down payment but is the beneficiary of an up front mortgage insurance premium and it also has income & geographic guidelines. Call Michigan Mortgage Solutions at 248-674-6450 and we can tell you if the USDA RD mortgage loan is best for you.

MSHDA Down Payment Assistance

Another thing to consider on 0 down home loans for first time home buyers in Fowlerville Michigan is looking into state programs such as the Michigan State Housing Development Authority. MSHDA has opportunities for down payment help that can be offered along with Federal Housing Administration loan financing. The financial aid can be up to $7,500 and will not make you to send any monthly payments nor will it collect interest but it has to be paid off should you happen to refinance or sell your home. There will be other restrictions to the MSHDA down payment assistance program such as your mortgage total and your total income as it was designed to help those earning lower to moderate incomes.

Local or Federal Grants

The final option I have on zero down home loans for first time home buyers in Fowlerville Michigan is to look into any federal funding designated to Fowlerville for neighborhood stabilization programs. You can observe more about the options that are allowed in your city by contacting your townships community development municipality which could be easily found online.

If you happen to be looking into zero down home loans for first time home buyers in Fowlerville Michigan call 248-674-6450 right now!

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.

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Comments

  • November 5, 2011

    Thank you for your article post.Really looking forward to read more. Really Cool.

  • Kristy
    January 30, 2012

    Great info on this site

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