Consumption and Real Estate
How can I find no money down home loans or mortages in texas?
Question : How can I find no money down home loans or mortages in texas?
no money down home loans
Best answer:
Answer by mt_ski
Why do you want to go bankrupt and have the highest mortgage amount possible?
Contact a loan officer or real estate agent but go with a reputable company (RE/MAX, Coldwell Banker, GMAC, etc.)…they will be more likely to be on the up and up without alot of hidden costs that can get rolled into $ 0 down loans.
If you qualify, try for a VA or FHA (First Time Home Owners) Loan.
DO NOT get an ARM loan (Adjustable Rate Mortgage)…these will cost less in the short term but the long term will cost you LOTS more. Many people have been unable to pay the mortgage and have lost their home.