No Down Payment? No Problem!
You may have just stumbled on the perfect option for you and your family. There are no catches to this NO down payment loan program , and we are super excited to share it with you! So you know you don’t want to rent anymore, but coming up with the required down payment scares you a little. You are definitely not alone. This is why there’s another loan program aside from traditional loans or the FHA option that can really help you out. What is the USDA Program? This is a home loan that’s guaranteed by the US Department of Agriculture, aka USDA. It provides an incentive for families to buy a home in a rural area. This helps our nation’s smaller, rural communities thrive by making property more affordable. The USDA loan program serves a fraction of the US housing market and most banks actually don’t offer them. However, here at Sun American Mortgage we DO offer this no down payment loan program and it comes with MANY other benefits! So what are some more “pro’s” of this no