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Home Dispelling Nasty Rumors Regarding Down Pay...

Dispelling Nasty Rumors Regarding Down Payments

Dispelling Nasty Rumors
Regarding Down Payments

"Rumours" ... catapulted Fleetwood Mac to the top of the charts during the year 1977 ...

"Rumors" ... was the name of an episode on the TV program Glee this last spring ...
And Rumors ... are once again swirling about the amount of down payment a borrower needs to buy a home and obtain mortgage financing in the current market.
THOSE rumors don't sound pretty. THOSE rumors don't make you smile or tap your toes. Nor are they humorous or entertaining. They're inflicting some serious damage on potential home buyers.
Just recently, I've had multiple mortgage phone calls from potential home buyers having heard rumors regarding the amount of down payment they'll have to save prior to starting their home search.
These rumors have scared them. These rumors told them that they needed a full 20% down payment to buy a home. These rumors had stopped them dead-in-their-tracks and delayed their inquiries into home buying and mortgage financing.
These RUMORS are totally false ... and they're keeping those that WANT to buy from venturing into the home buying waters.
The TRUTH is ... mortgage loans ARE available for those with *: (* and accompanying required credit scores, etc.)
  • 3.5% down payment for FHA Loans
  • $100 Down - on HUD Foreclosed properties
  • $1,000 Down on IHDA Loans
  • 5% Down on Traditional Conventional Loans
  • No Money Down on VA and USDA Loans
  • 3% Down on some Homepath Properties
  • .... and More!



Obtaining mortgage loans has become a much more detailed and nuanced process. There is truth to that. And seeing to ... and dealing with these many details ... can likely take mortgage and real estate professionals' focus off the most fundamental of concerns that potential home buyers have. The basics, like that of down payments.

Contact Gene Mundt, Mortgage Lender

So, let me start right here. Let me dispel the rumors surrounding this very important basic.
Agents ... join me in this. Spread the word. Tell all you know ...
Borrowers! Those hoping to buy a Home! You can buy a home WITHOUT 20% DOWN PAYMENT!
Contact me today ... to find out more about the mortgage programs that exist for home buyers hoping to borrow with less than 20% down payment.
Or contact your agent. But take action. Interest Rates are at historic lows. Home prices are lower than they have been in years. Homeownership is within your reach WITHOUT 20% down.

* Find out what home buying and mortgage financing options exist for you today. Contact me ... I'll put my 35 years of mortgage experience, expertise, and knowledge to work on your behalf so your home buying dreams become a reality.
I can be contacted through any of the following:
Direct: 815.277.4036 Cell/Text: 708.921.6331
Skype: 630.219.1316
Posted Friday Feb 10