How to Put a Down Payment on a Home Without Paying a Dime

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How to Put a Down Payment on a Home Without Paying a Dime – This is a place for the community to provide tips and advice on How to Put a Down Payment on a Home Without Paying a Dime. This topic was created by cory himel and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How to Buy a Home Without a Down Payment

Published: 9 years, 2 month(s) ago | Submitted by Jerry Reitman | permalink

Prior to the Great Recession, it was fairly easy to buy a home with no down payment. But the mortgage crisis and the financial crisis shook things up a bit. Credit requirements—especially for home loans—tightened substantially.
Tags: money, mortgages, homes, homebuying, real estate, loans, republished, Lifehacker

For further reading: http://lifehacker.com/how-to-buy-a-home-without-a-down-payment-1538556801 ^[1]

Tip 2 - 3 Ways to Buy a Home With $0 Down

Published: 9 years, 2 month(s) ago | Submitted by Cirrsplat | permalink

Saving for a down payment is a huge hurdle for would-be home buyers. But many could look to land a loan today without stashing away another cent.

For further reading: http://realestate.aol.com/blog/2015/02/27/buy-home-zero-no-down-payment/ ^[2]

Tip 3 - How to get a $1 million home for $1,900 a month: The leverage provided by the resurgence of interest only loans. Leveraging up in expensive neighborhoods.

Published: 9 years, 2 month(s) ago | Submitted by Chris Trethewey | permalink

How to get a $1 million home for $1,900 a month: The leverage provided by the resurgence of interest only loans. Leveraging up in expensive neighborhoods.

The interest only loan is back but in a very specific way. There are a few people with relatively high incomes that are using these to their advantage. I decided to run a quick test trial on this to see what it would cost to go with an interest only loan on a $1,000,000 home purchase. The
Tags: housing bubble blog,housing blog,real estate blog,foreclosure,housing,reos,california housing,california real estate,southern california housing blog

For further reading: http://www.doctorhousingbubble.com/interest-only-loan-million-dollar-home-purchase-tax-deduction-interest-mortgages/ ^[3]

Tip 4 - Crush your mortgage

Published: 9 years, 2 month(s) ago | Submitted by Amit Karia | permalink

Mortgage documents are full of traps that make it extremely difﬁcult to pay off your biggest debt.

For further reading: http://www.moneysense.ca/debt/mortgage/crush-your-mortgage/ ^[4]

Tip 5 - VA Home Loan Advantages: Perks and Benefits of the VA Loan Program

Published: 9 years, 2 month(s) ago | Submitted by Roxanne Anderson | permalink

Learn why the VA Loan's easy qualifications, no PMI, great rates and no money down requirement makes it a great option for military families.
Tags: va loans, va loan, va home loan, va home loans, va mortgage, va mortgages, veterans united, what is a va loan

For further reading: http://www.veteransunited.com/va-loans/va-home-loan-advantages/ ^[5]