Here with The Alpine Team Mortgage offer several available options for customers who have little available for down payment when purchasing their home. Depending on the customers’ needs, income, credit score, possible military background, and location of the property, the minimum down payment requirements range from 0% ( VA and USDA loans) to 5% (Conventional/Fannie Mae loans). Another option for customers is an FHA loan. This is a loan where only 3.5% of the home’s purchase price is required for a down payment. It is popular among first-time homebuyers as well as customers who have had some small to moderate credit issues.
An important goal of ours over at The Alpine Team is to effectively communicate information like this to our customers, referral partners, and future customers. In our website, you will be able to use this information to guide yourself or a friend/family member to help them see which loan fits the individual situation, or better yet let one of our professionals help. To truly find out the best possible program, consulting one of our professionals for a free analysis is a more accurate way to determine the best loan program. Here are some of the Bank of England Mortgage available products:
If The Alpine Team professional can help you with any down payment questions regarding residential mortgages, please contact us at firstname.lastname@example.org or call us at our 800-669-0191.