Down Payment Assistance
July 10th, 2008 | 
Author: Down Payment Assistance
Do you want to purchase real estate in one of the best developing cities in the United States?
Do you currently rent and think that homeownership will never be an option for you?
Have you been turned down for a home purchase because you do not have the cash on hand for the down payment, but are able to afford the monthly mortgage payments?
If so, Vegas Best Mortgage has the Zero Down Financing Assistance Program for you. Our Zero Down Financing Assistance Program will give you the needed funding required to purchase your very own home, regardless of your credit history*. No payments will be due for the entire first year.
How does it work?
Your first years’ payments on your 2nd mortgage will be deferred until the second year, when your interest only payments begin. Below is a simple example of how much money Vegas Best Mortgage can save you, while allowing you the benefits of home ownership. Stop making your landlord richer, and invest in real estate that can help you to build equity and wealth, reduce your taxes, and free up extra money for investments, education, and any of life’s unexpected surprises.
|
Financing |
Home |
Interest Rate on 1st Mortgage |
Interest Rate on 2nd Mortgage |
Monthly Mortgage |
Monthly / Yearly Savings |
|
Typical 80% 1st & 20% 2nd Mortgage |
$250,000 |
7.5% |
9% |
$1800.74 |
$0.00 |
|
Vegas Best Zero Down Financing Assistance Program |
$250,000 |
7.5% |
0% |
$1398.43 |
$402.31/ |
Do you qualify for financing that allows non-profit, charitable, gift, contributions?
All FHA and certain VA, conventional, and other loans permit charitable contributions to your home ownership. Many feel this process is too time consuming. However, our clients have found this process easier than expected. Due to the housing demand in the Las Vegas community, we have found tens of thousands of sellers and builders that welcome our charitable program.
Benefits:
- This gift is not limited to first-time homebuyers
- You do not repay this gift
- There are no restrictions for this gift
- There is no limit on the amount of this gift
- The satisfaction of home ownership
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