Is there closing cost assistance?

There are different guidelines for various mortgage programs. Why don't you give me call for additional information.732 606 6264

Yes, depending on the area you are buying, and if you meet the guidelines. Call us or email us at 800-991-5309 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

Typically if your purchasing a new home, then you can ask the seller of the property to contribute to your closing costs.. depending on the loan program your using, you can get up to 6% of the sales price as a credit to you which should cover all your closing costs.. talk to your realtor, as they are very familiar with seller contributions.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Ask the seller to pay your allowable closing costs.

you may be eligible for a local program, ask your realtor or Loan officer to help you.

There may be a local program that provides that help, but by far the easiest is to ask the seller to pay your closing costs as part of the contract they agree to. Usually they are allowed to pay at least 3% of the purchase price toward your costs, sometimes more (FHA and VA loans for example). I used to work with a number of similar assistance programs and have to say that they definitely complicate what is already a complicated process. Some of them also require the funds to be paid back when you sell the home.

Yes... and no... Most people are able to roll the costs into the transaction... this makes it no out-of-pocket costs, but you are paying for it over time, and one of the most popular ways of paying closing costs.

Yes, various ways here are a few:1)seller credit up to 6%2)broker credit from lender3) down payment assistance programs, which in my 13 years have been the hardest to facilitate to the degree one would hope for and the amount can be as low as a few hundred dollarsCall me Ralph Guertin 954-274-7725 Ralph@absolutelowrates.com