Zero downpayment

Discussion in 'Credit Talk' started by May, Sep 30, 2000.

  1. May

    May Guest

    Does anybody know how those zero down payment mortgage programs work? Any recommendations? Or should I avoid them?
    Thank you.
  2. David

    David Well-Known Member

    Many lenders offer a zero down payment program, and many will even finance 103% of the loan (for closing costs and such). The requirements are excellent credit, and a low debt to income ratio.

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