Where can I find a zero down home loan?

Let William help you out.

VA and USDA are the only true "Zero Down" loans currently available.. FHA had a $100 down program on select properties, but that program has since ended.. HomePath offers 3% down on select homes, and then there's FHA.. 3.5% down.. (which can be gifted)... a long time ago in a far away land, there were Down Payment Assistance (DPA) programs out there where nonprofit organizations would "Gift" you the down payment, or Lend you the down payment with zero interest, and no payments.. But even those fairy tale loans are now a thing of the past.. There are other creative ways to get the required funds necessary.. if you're interested, just give me a call.. 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. 480-287-5714 WilliamAcres.com

For zero down loans, you have four options. #1, VA, which requires you to be a veteran with VA loan eligibility; #2, USDA, which requires you to buy a home in a USDA designated area; #3, Mom (or a rich uncle); and #4 is an FHA loan with the 3.5% down payment gifted from Mom (or a rich uncle). Actually, the gift can from almost any family member, and they don't have to be rich, just have the funds they are gifting readily available from a source that does not include borrowing it. Nova Home Loans is a 35 year old local Mortgage Banking lender, Headquartered in Tucson with offices throughout Arizona. I'm in Chandler and would be happy to help you achieve your dream. Call me at 480-889-9000 ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

VA loan or USDA loan

You can see if you qualify for a USDA loan that is 100% financing but the property has to be in a USDA area.

First , why do you feel that you do not qualify for a va loan?? A USDA LOAN ,will work, and there are some certain guildlines that we all have to follow... and bk?s how long on your job? etc linda your can email me at yourloanpartnerforlife@live.com LINDA IN AZ

Through research, I've found that Arizona has what they call the MRB PLUS Program through the Arizona Housing Finance Authority. You can see more about it by going to http://www.azhousing.gov/ShowPage.aspx?ID=385&CID=18 Copy and paste the link. It will also give you a list of participating lenders and looks like it can be used in all counties except Maricopa and Pima. It looks like they will contribute 5% of the purchase price toward down payment and/or closing costs. There are certain restrictions which you can read about on the page.