How to Buy a Home with No Money Down and No PMI

Dated: January 12 2024

Views: 3419

Are you a first-time home buyer looking for a great deal on a mortgage loan? If so, I have some exciting news for you! We can offer you a no money down mortgage loan program that will help you achieve your dream of homeownership.

This program is called PATH, and it's a 100% financing option with no private mortgage insurance (PMI). That means you can save money on your monthly payments and have more purchasing power. Plus, it's a fixed-rate product that will give you peace of mind and stability.

PATH is designed to help low to moderate income buyers and buyers in minority communities get access to affordable housing. You can use this program to buy properties in eligible census tracts, or if you earn less than 80% of the median area income, you can use it anywhere.1

To qualify for PATH, you need to meet the following eligibility requirements:

  • - You must be a first-time home buyer or not have owned a home in the last three years.
  • - You must have a minimum credit score of 620.
  • - You must have a maximum debt-to-income ratio of 45%.
  • - You must complete a home buyer education course.

This is a rare opportunity to get into the housing market with no money down and no PMI. Don't miss out on this chance to own your own home and build wealth for your future. Contact me today to get the details and see if you qualify for PATH. I'm here to help you every step of the way!

#NoMoneyDown #PATH #Homeownership #MortgageLoan #FirstTimeBuyer #GarnerNC #RealEstate #FirstTimeHomeBuyer #RaleighNC

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Ricardo Cobos

About RicardoRicardo Cobos - Real Estate Agent & Mortgage Lender in Garner, NCAs a dedicated mortgage lender and real estate agent, I’m passionate about helping buyers and sellers in Garne....

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