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Zero Down Home Loans For First Time Buyers in Gregory

If by chance you're a first time buyer in Gregory MI and you're looking for a 0 down mortgage loan, you'll notice you have a few opportunities. All of these choices will have direct guidelines that must be met allowing you to put zero down when buying your first house. Below you will see a list of opportunities available to first time buyers in Gregory Michigan.

The Michigan USDA Rural Development Loan

The first choice for a zero down mortgage is the United States Department of Agriculture's Rural Development home loan. This home loan allows zero down but is subject to an up front mortgage insurance premium and it also has geographic and income guidelines. Call Michigan Mortgage Solutions at 248-674-6450 and mortgage broker will inform you if the USDA RD mortgage loan is a good fit for you.

MSHDA Down Payment Assistance

Another thing to consider on zero down home loans for 1st time home buyers in Gregory Michigan is checking out state departments as in the MSHDA. MSHDA has services for down payment aide that can be offered along with FHA home loan financing. The financial aid could be $7,500 and will not force you to send any payment nor does it collect interest but it absolutely must be paid off if you happen to refinance or sell the house. There happen to be other rules to the MSHDA down payment assistance program such as your mortgage total and your gross income as it is created to assist those with lower to moderate salaries.

Local or Federal Grants

The last opportunity available on zero down home loans for first time home buyers in Gregory Michigan is to look into any federal money assigned to Gregory for neighborhood rehabilitation programs. You could observe more regarding the opportunities that will be offered in your county by reaching out to your townships community development representative which could be easily found on the internet.

If you'd like more info on zero down home loans for first time home buyers in Gregory 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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    October 28, 2011

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    November 1, 2011

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