Zero Down Loans For First Time Buyers in Hazel Park
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 Home Loans For First Time Buyers in Hazel Park

If you happen to be a 1st time home buyer in Hazel Park MI and you are looking for a zero down home loan, you will notice you have a few choices. Each of these options have strict guidelines that have to be met if you want to put zero as a down payment when purchasing your first home. Below you will find a several choices available to you as a first time home buyer in Hazel Park MI.

The Michigan USDA Rural Development Loan

The 1st choice for a zero down mortgage loan is the USDA's Rural Development mortgage. This home loan requires zero down but is the beneficiary of an up front mortgage insurance premium and it also has geographic and income restrictions. Call the pros at 248-674-6450 and a mortgage consultant will let you know if the USDA Rural Development mortgage loan is a good fit for you.

MSHDA Down Payment Assistance

Another consideration on 0 down mortgages for 1st time home buyers in Hazel Park Michigan is checking out state programs as in the MSHDA. MSHDA has opportunities for down payment assistance which could be collaborated along with FHA loan lending. The loan could total up to $7,500 and will not make you to send any monthly payments nor does it accrue interest but it absolutely must be paid in full if you happen to refinance or sell your home. There are other guidelines to the MSHDA down payment assistance program such as your loan amount along with your household income as it is designed to help buyers with lower to moderate salaries.

Local or Federal Grants

The last option available on zero down home loans for first time home buyers in Hazel Park Michigan is to check out any federal dollars designated to Hazel Park for neighborhood rehabilitation programs. You could find more in reference to the resources that may be allowed in your city by reaching out to your citys community development representative which could be found in Google.

If you're thinking about zero down home loans for first time home buyers in Hazel Park 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.

Share this article

Comments

  • Stephanie Morgan
    November 5, 2011

    “Great, thanks for sharing this article.Much thanks again. Cool.”

Leave a comment

Your email address will not be published.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