Real Estate Terms

 

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100% Home Loan Financing

Q:
What is 100% Financing and can you really buy a home with no money down?
 
A:

100% Financing programs are lender programs designed to lower the up front cash requirement of a home buyer. These real estate loan programs can involve just one loan or multiple loans (a 1st Trust Deed and a 2nd Trust Deed) and may even involve using multiple lenders for each loan. Nationwide Realty Services is a Mortgage Banker as well as a Broker which allows us to use more than one lender for your transaction and get the best terms for the 1st Trust Deed and then use another lender and get the best terms on the 2nd Trust Deed

So yes, you can buy a home with no money down.

 

 

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Do not rely on these definitions for any purpose other than providing an understanding of the concepts in our web site. More...


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