Make your dreams come true with a nothing down mortgage
At Mayfair Mortgage we do not think that you should have to wait to buy a new home because you are saving for a down payment! In fact we can help you buy a new home with a nothing down mortgage. With a no down payment home mortgage you will be able to afford a nice home much sooner then you thought possible.
With 100% mortgage loans the total amount that you will qualify for will be determined by how much you have the ability to pay back and not how much of a down payment you have saved up towards the purchase. And for alot of buyers they qualify for more then they thought they could to buy a home with zero down payment.
What If I Have a Small Down Payment Saved Up?
Many people often dream about becoming a home owner for many years and have saved up a down payment but may not quite have enough. If that sounds like you then you may want to talk to us about piggy back home loans.
Different then a single zero down home loan the piggy back home loan is actually two separate mortgages. The first part of the home loan finances 80% of the home purchase amount. The second mortgage is commonly called the piggy back loan and will finance the difference between the first mortgage, the purchase price and your down payment.
If these 100% and low down payment home financing options sound like something you might be interested in please feel free to contact us at (414) 771-1200 if you have any questions about 100% mortgage financing. We look forward to speaking with you.
National Mortgage License # 252234
Mayfair Mortgage, Inc. 2222 N. Mayfair Rd. Milwaukee, WI 53226-2208