Roanoke Valley Virginia No Money Down Loans Available for Home Buyers!

Roanoke Valley Virginia No Money Down Loans Available for Home Buyers!

Even in today's extreme banking climate there are several No Money Down Loan Programs for Roanoke Virginia Home Buyers. Her is a brief recap:

1) VA Loans- VA loans are excellent loans for those who have served their Country. There are many Roanoke VA Home Buyers that are U.S. Military Veterans. Many Military Veterans are returning to Roanoke VA after Serving their stint on Active Duty. The VA Loan is a No Money Down Loan that has few limiting qualifications. For more information on the current requirements on VA Loans call Joel Balsley at 540-597-8877. Joel is a Lender with Atlantic Bay Mortgage.

2) USDA Loans- The USDA loan program is a loan through the United States Department of Agriculture. Virtually any COUNTY property is eligible, even Roanoke County which is mostly suburban. These loans are great for Roanoke County, Bedford County, Botetourt County, Franklin County, Craig County, and Montgomery County Homes. There are some income restrictions (you can actually make too much to get this loan) so be sure and call Joel Balsley for more information at 540-597-8877.

3) VHDA Loan- This is a blend between a FHA Loan and a Virginia funded supplement. This is actually a FHA first mortgage at 96.5% of loan value and a second at either 3.5% or 5% depending on credit score. This is one of the few loans out there that will actually allow the buyer to borrow more than 100% of the loan value. The VHDA program is good in Roanoke City, the Town of Vinton, Salem VA and all of the previously mentioned Counties. Again, there are some income requirements so call Joel Balsley for more information at 540-597-8877.

Please keep in mind that if you sell your house through me and buy a house through me, I will pay a Roanoke Moving Company to move you! There are a couple of minor requirements so call with any questions!