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Swee Ng
0.5% Down Payment FHA Program
Last updated on June 13, 2014Making Home Ownership a Reality!
Our lender partners offer a loan program with a 0.5% percent down payment to help low to moderate income borrowers achieve home ownership.
* 0.5% Down Payment FHA Program:
- Total financing of up to 99.5% of the sales price or appraised value, whichever is lower
- 30 year fixed rate FHA loan
- Down payment and closing cost assistance via a low, fixed-rate second mortgage (up to 3% of the sales price or appraised value, whichever is lower)
- No first-time home buyer requirement
- Homebuyer education is required
Example of 99.5% total financing utilizing the program is based on the combination of a 30-year-fixed rate FHA first mortgage and a 15-year fixed rate second mortgage.
* subjected to program availability
* subjected to program availability
Swee Ng, Realtor with Keller Williams Realty who live, work and play in Gilbert AZ, specialty in Residential Resale, First Time Home Buyer and Investment Homes.
Buyer's Representation Services (NO COST TO HOMEBUYERS). Call 480.721.6253 today for complementary consultation.
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