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 Making Dreams Come True
with Zero Down Mortgages
We don’t think that saving for a down payment should be the reason you put your dreams on hold. There are many borrowers that don't realize that they could actually purchase a home for the same amount that they are paying in rent. We have numerous first time home buyer programs. In addition, we have access to the NM Mortgage Finance Authority programs that can offer below market rates and down payment or closing cost assistance for a first time buyer. Why rent if you can reap the benefits of home ownership?
Buying a home is something we all dream about, usually for years. You may have saved money for a down payment, but just don’t have enough to buy your dream home. If that’s the case, a piggyback loan may be the best option for you. Different than a zero down mortgage, a piggyback loan is actually two mortgages. The first mortgage is for 80% of the purchase price. The “piggyback” loan (or second mortgage) covers the shortfall between the purchase price and your down payment savings.
Let us help you explore all your mortgage options. We look forward to working with you!
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