hi if you’re watching this video chances are you’re looking to get a mortgage
0:04with his little down
0:05payment as possible or in some cases getting a zero down mortgage while
0:09you come to the right place with the product interest rates that exist today
0:14you’re really good position to own a home with minimal down
0:17an incredible interest rates even if your credit challenge
0:21so let’s take a look at four release our products warrior
0:24first is the FHA mortgage at AJ’s a great choice for first-time homebuyers
0:29people have experienced pass credit issues and pillows I wanna low closing
0:34cost mortgage
0:35furthermore the FHA support homeowners who experience recent short sales
0:39foreclosures or bankruptcies with their back to work program
0:44and is reduce mortgage insurance premiums for first-time homebuyers
0:47with a program called the homeowners armed with knowledge program
0:51I’ll show you where to get the details in those programs at the end of this
0:54video
0:55no FPJ only requires three and a half percent down
0:59but even better a hundred percent in that 3.5 percent can be funds that are
1:04gifted to you
1:05in this program offers great flexibility with minimum credit scores
1:09another compensating factors number two is the conventional 97 program which was
1:14discontinued
1:16and is now back in full force through the Federal Home Finance Agency
1:20this is an incredible product is actually more advantageous than even FHA
1:25requiring only three percent down in like FHA the entire three percent can be
1:31gifted funds
1:32and depending on your in your house holding income you may also qualify
1:37for lower monthly insurance premium so it’s a fantastic program now
1:41traditional credit score guidelines vary from lender to lender
1:45but this is an incredible opportunity you save a half a point over the FHA
1:49mortgage
1:50and you don’t have to pay the 1.5 percent mortgage insurance P
1:54that’s required with the FPGA products it’s truly an incredible product
1:5830 is the veterans affair loner be a long what we call
2:02VA guaranteed home loan so if you’re an active servicemen
2:06veteran National Guard reservists are surviving spouse to the US military
2:10you may be eligible for this program
2:12which offers a mortgage wenig 0 percent down payment
2:15which means your finance 100 percent below now these loans are backing
2:20guaranteed by the US Department of Veteran Affairs
2:23and is a great program to offer those people there are probably in probably
2:27serve this country
2:28and lastly is the USDA mortgage which offers and no money down option for
2:32non-military borrowers
2:34offered by the US Department of Agriculture this program formally known
2:38as the section 502 mortgage
2:40is today commonly called the rural housing loan but the good part about
2:44this long
2:45which can be the lowest possible home ownership mortgage that exist today
2:49is that when you think overall you think a corn field in the middle of nowhere
2:53but that’s not the case and back there are many major US cities in the suburb
2:57area as a qualifier for
2:59USDA you just have to know where to go
3:02also at the end this video I’m gonna show you where you can go to very
3:05quickly do a search
3:06to find out if you qualify in a particular area you’re looking for
3:10for USDA long so many people never even tried to obtain a mortgage on a fear
3:16your credit score
3:17thinking that they don’t have enough money to put down or simply because they
3:20don’t know where to start
3:21where you taking the first up man is education in fact
3:25I’m gonna take it a step further for you because
3:28eating these programs contain details see you need to know about
3:31simply enter your email address in your instantly receive a downloadable file
3:36that contains
3:37number one details in the back to work program
3:40to the HARP program which reduces mortgage insurance premiums
3:44for FHA borrowers 3 where to go to find out if you qualify for USDA loan
3:50and as a bonus I’m gonna send you a short video that explains interest rates
3:55to help you understand things like AARP closing costs and fees
4:00most importantly how to shop for the best interest rate
4:03where you can save a lot a morning knowing where lenders when they give you
4:06a quote what you’re really looking at
4:08I hope this video has helped you below is a link to my website my youtube
4:12channel in my contact information
4:14you can always contact me directly question that I’d be happy to get you
4:17started
4:18on the path to homeownership thank you for watching this video
4:22and have a great day