Many buyers are struggling with the fact that they may need 3% to 4% of the purchase price to be able to obtain financing and purchase a home. Many ask "where has the 100% loan gone". There are two types of 100% financing available to buyers looking for homes in Lawrenceburg, Kentucky.
The first is the USDA Rural Development loan and the other is the RHS loan. These loans do have caps on the buyers income and there are maximum purchase prices. The interest rates are very competitive. Sellers can contribute to the buyers closing costs; therefore, a buyer can get in a home without any out of pocket expense.
If you are looking to purchase a home in Lawrenceburg or other surrounding counties of Kentucky, you may want to check out these two types of financing. Good luck and happy home hunting!
Cindy Crutcher "The Crutch You Can Lean on" 502-680-9822
Exit Realty Crutcher
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