Down Payment Assistance is Available With Our Preferred Lender

If you’ve been holding off on purchasing a home because of funds, using tools like down payments assistance can be a great way to finally make the move. There are a number of assistance programs available depending on your state and mortgage lender. Once you apply for financing they’ll be able to guide you towards which one works best for you and your situation. Below are a couple of down payment assistance programs our preferred lender, Oscar Talavera at Laser Mortgage, offers to homebuyers in the Las Vegas area. If you or someone you know is interested in applying for these fill out the contact form and we will get you started.

FHA ZERO DOWN

• forgivable 2nd mortgage after 5 years

• 5% in total assistance (3.5% of that needed for the down payment and the remaining can go towards your closing costs)

• 620 minimum FICO

• no income limits

• no asset restrictions

• no area restrictions

• no first time buyer requirement

• no out of pocket minimum requirements

• no payments or and no interest on the 2nd mortgage

0% DOWN CONVENTIONAL PURCHASE

• conventional loan program

• 620 minimum FICO

• only needs to be repaid when the home is refinanced or sold

• no first time buyer requirement

• client needs to occupy the residence