While many if not all "No Down Payment" loans provided by banks and mortgage companies have been discontinued, the federal government still has agencies and housing programs whose mission is to assist.
Fifty-seven per cent of respondents nationwide said that before buying their home they worried they might miss out on a property they wanted because of an insufficient down payment. per cent said.
No restrictive Charlotte NC down payment programs are necessary. That’s right..ZERO down payment and no down payment programs for Charlotte home purchases! There is no PMI! This can reduce monthly payments by hundreds of dollars. There are ways to flip houses with no money but be prepared to bring value in another way like wholesaling.
On the one hand, that’s a good thing, because that "no money down" stuff was never a good idea. On the other hand, many of us who want to buy a house have found ourselves delaying the home purchase due to these tougher lending requirements. Perhaps you don’t have enough saved for a down payment. Or maybe you’ve changed jobs a few.