Buy a Home With No Money Down In Tooele County
Can You Buy a Home With No Money Down In Tooele County? Yes ! Start looking for a house today while you still can, and while 100% financing is still available.
The most well known and efficiant 100% mortgage is called a Rural Housing Loan and is still available in some Utah Communities.
Most Tooele County Homes will qualify.
Even those more expensive homes like Golf Course Homes in Stansbury Park, or Ranchettes in Grantsville or Erda that allow horses and give a growing family room to play and the family dog room to run.
No matter whether you are a first time home buyer, or a family looking to move into a larger home for your family there are a number of financing programs that can help you buy a Home With No Money Down in Tooele County.
Our friend and associate Doug Walker from City 1st Mortgage bloged about Rural Housing Loans and 100 % Financing available for the purchase of New Homes, Short Sales, Foreclosures, Pre Foreclosures and normal listings in Tooele City, Grantsville Utah, Erda, and Stansbury Park.
Some of what Doug says is:
Fannie and Freddie got out of the 100% financing business, but we can still count on other government programs for that. The federal government helps buyers in more rural areas under the USDA Housing program, or Section 502 loans. If you buy a home in a qualified "rural" area, you can finance a home purchase with zero money down. The Rural Housing program obviously has geographic limitations - namely, less developed areas. Some are not as far away from civilization as you think. There are 2 - 3 communities within 30 minutes of downtown Salt Lake City that qualify - Tooele, Eagle Mountain and the west side of Lehi and Saratoga Springs. Read entire article
So, if you want to buy a Home With No Money Down in Tooele County, you need to do a couple of things.
Find out how much home you can afford and get pre qualified for that amount. You can call Doug Walker, your own lender ( if they know about Rural Housing Loans), or call Berna @ 435-840-5029. Tell her you want to Buy a Home With No Money Down In Tooele County.
Call Berna. Give her the list of houses or condos you would like to visit and when the best times for you are.
Continue searching for and looking at Homes you can buy with no money down.
Find the house you want at the price you can afford and ask Berna to "get er done".
If you want to search for pre foreclosures to buy, click on Short Sales in Tooele.
To look at Foreclosed Homes, stop by Tooele Foreclosures, and see all of the Bank Owned Homes , HUD Homes, and REOs as soon as they are listed on the MLS.
Hope this helps.
If you have questions about Buying a Home With No Money Down in Tooele County, call us @ 435-840-5029.