Zero Downpayment Program Ends Soon…

Zero down payment mortgages will ends on October 31, 2012. In order to get in before the deadline, buyers need a offer in place by October 31 and must take possession before December 31.

For any buyers who have difficulty saving a down payment, this is a great alternative to renting. Lenders are tightening up and once this ends, I can’t see lenders bringing it back.

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This entry was posted on Tuesday, September 18th, 2012 at 3:03 pm and is filed under Economic News, Mortgage Rates, Real estate news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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