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Buy With Very Little Down Payment

If you qualify for any of the down payment assistance programs in your area, you could get into a home of your own for almost no money down!

Cash out of pocketI recently worked with some buyers who did just that. The cash the down payment assistance provided allowed them to only put $500 down and, after asking the seller to pitch in towards closing costs, my buyers brought zero to the closing table!

Talk to your favorite mortgage broker to find out what’s available in your area. I work with an excellent mortgage broker who is very familiar with these down payment assistance programs.

• Michael Argula, Loan Originator, Watson Mortgage Corp. | 407-952-9559 | Website

You may qualify for various programs, so do some research and ask your mortgage pro what’s available to you. There is 100% Financing available for First Responders, Nurses, Military (active and inactive), Police Officers, EMTs, Firefighters, Teachers and County School System Employees.

Don’t forget to take advantage if you’re a Veteran and buy with zero money down!

There is FL Assist, that can get you up to $7,500. Programs vary by county. There is also the Florida Homeownership Loan Program (FL HLP) Second Mortgage where you can get up to $10,000.

Your mortgage pro will direct you to the correct website or form to get started. Some consider the money a second mortgage. Some never have to be repaid and some are repaid only when you sell the property.

When you’re ready and have your pre approval letter, give me a call at 407-236-6559 and let’s go SHOPPING!