Tuesday, November 16, 2010

100% Financing Still Available in Bay County, Florida

With all the negative talk about banks and financing, many homebuyers don't realize that qualified buyers can still get 100% financing on Primary residences. The two main types of 100% financing currently available is Rural Development loans and FHA with Bond Money. Rural Development is 100% financing but limits the buyer to homes within the Rural Development areas. These areas include Lynn Haven, Callaway, East Hiland Park, and some areas in northern Panama City Beach. For qualified buyers looking to take advantage of the market without having to put a large downpayment this is a GREAT program. The FHA loan with Bond Money is another option. Qualified buyers can purchase any home that qualifies for FHA without limiting the areas that you can purchase in. If you or someone you know is looking to purchase a home with no money down give me a call at 850-814-8259 today. I will be happy to get you in contact with a local lender to find out if you qualify for 100% financing and help you get started on your new home purchase.   

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