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re: Is it still possible to get 0 down payment financing for..

Posted on 9/27/12 at 4:56 pm to
Posted by notiger1997
Metairie
Member since May 2009
58493 posts
Posted on 9/27/12 at 4:56 pm to
I can't understand how any lending institution can be dumb enough to make a loan to someone who can't at least save up for a 5% down payment.
Posted by GFunk
Denham Springs
Member since Feb 2011
14967 posts
Posted on 9/27/12 at 5:43 pm to
quote:

notiger1997
quote:

I can't understand how any lending institution can be dumb enough to make a loan to someone who can't at least save up for a 5% down payment.


RD isn't Freddie Mac or Fannie Mae, bro. Do some research into the program before you crack on USDA. Good program run by sound principles in the UW process that are typically more stringent than normal.
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