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We are looking for a 0 down mortgage if there are any. We are in Texas and need some suggestions

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Icon Mini Profile paj2008





Joined: 10 Dec 2008

Posts: 1

1.24 Dollars($)
Post Posted: Wed Dec 10, 2008 2:55 pm    Post subject: We are looking for a 0 down mortgage if there are any. We a
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We are looking for a 0 down mortgage if there are any. We are in Texas and need some suggestions...Any suggestions
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Wed Dec 10, 2008 7:41 pm    Post subject:
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Hi paj!

Welcome to forums!

I think it will be difficult for you to get a no down mortgage keeping in mind the market situation. I don't think the lenders will agree to give a no down mortgage. Also if you get a no down mortgage, you will have go for a PMI. But still, I will suggest you to speak to the lenders and check if they will offer you a no down mortgage.

You can also seek a no obligation free mortgage consultation from the lenders of this community. This will help you to compare the market rates and give you a fair idea about whether you will get a no down mortgage or not.

Feel free to ask if you have further queries.

Sussane
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