alaska home loans alaska home loans alaska home loans
alaska home loans alaska home loans alaska home loans alaska home loans

- Alaska Home Loans
- Buy A Home in Alaska
- Refinance Your Loan
- Mortgage Process
- Nationwide Lenders
- FIND A HOME
- FIND A LOAN
- Alaska Loans Articles
- Contact Us

 

alaska home loans
- 97% Alaska home loans
- 100% Alaska home loans
- 103% Alaska home loans
- VA home loans
- FHA home loans
- Alaska Jumbo Mortgages
- Alaska Lot loans
- Alaska 0 Down Loans
- Conventional Loans

Alaska Home Loans - No Money Down

We are an experienced Alaska Mortgage company. If you are an Alaska resident trying to buy a home in Anhcorage or Wasilla, our licensed mortgage brokers will get the loan you need with no money down!

You can call us toll free at 888-694-0455. There is no obligation or fee.

In this difficult economy where stock valuations are questionable, one of the best investments is real estate. For many potential buyers, the problem is coming up with a down payment to make this all-important purchase. This does not have to be the case. It is possible to buy a home with nothing down, meaning no down payment. There are several methods by which eligible home buyers can minimize or even eliminate down payments. They include: VA loans, Owner financing, Lease/purchase, House trading, Job-related federal programs, and State and local government programs.

As you know, the hardest part in buying a home is trying to save the large down payment required to buy a home. For the average home buyer, putting 20% down is just not possible, and in most cases, just not smart. Even the 5% programs are out of reach for most home buyers. Imagine if the need for a down payment was eliminated. With our programs the need for a down payment is eliminated.

Alaska VA Loans - The method of purchasing a home with no down payment that most people are familiar with is through the Department of Veterans Affairs, or VA. This benefit is available to active and retired members of the military service, veterans, POW's and MIA's and their unmarried widows. All branches of the service including the Coast Guard are eligible. Also members of Selected Reserves or National Guard who have completed six years may be eligible. Many older veterans may recall a time when they were entitled to use this benefit only once in their lifetime. This was changed in 1989. Now, the only existing stipulation is that an eligible person may use this benefit on only one house at a time. As with all VA loans, the house must be used as a primary residence. It may not be a rental home or second/vacation home. There is no maximum home loan amount. Nothing-down VA foreclosures available to everyone What many people do not know is that you do not have to be a veteran to purchase a VA foreclosure with nothing down. VA foreclosures are available to the general public. Some require nothing down or just a fee of $500. Although the homes are sold from the VA, purchasers must obtain conventional or FHA loans unless they are veterans or active military. VA foreclosures with nothing down or $500 fees can be found among those from banks, lending institutions and federal agencies.

Owner Financing, Lease-Purchase - If a glut of unsold homes develops in a market, some sellers in Alaska-- especially those in a hurry -- become willing to assist the buyer. There may be additional pressure on sellers of used homes when they compete with builders in their areas who fund down payments on new homes. These sellers may agree to lease-purchase or owner-financing plans. In both cases, purchasers do not pay down payments to acquire the properties.

Alaska HUD - The Office of Housing and Urban Development (HUD) offers special financing for first-time home buyers. This program is based upon need and is designed to allow low-income families to obtain their first home without a significant down payment or closing fees. Also, many HUD foreclosure homes require no down payments.

 

 

alaska home loans
alaska home loans alaska home loans alaska home loans alaska home loans
 

Alaska Home Loans - Alaska Real Estate - Site Map

© Copyright 2001-2012 alaskahomeandloan.com