Program highlight #1
Finance up to 100%
Qualified buyers may be able to finance the full purchase price, subject to the lender’s current program and underwriting guidelines.
100% Financing · In & Around Sacramento
The down payment may not have to be what keeps you waiting.
You may be able to finance up to 100% of a home’s purchase price through a conventional loan with as little as $500 contributed by you and no monthly private mortgage insurance!
Conventional financing
Potentially 0% down
No monthly PMI for eligible loans
YES, this is a conventional financing option.
It is NOT limited to veterans or active duty military buyers.
A different path to homeownership
Buying a home could be closer than you think.
Many buyers assume they need tens of thousands of dollars saved before they can start. This program is designed to reduce one of the biggest barriers which is the down payment required to buy while still keeping it as a conventional loan.
Program highlight #2
Keep more cash available
With a borrower contribution as low as $500 on eligible 100% financing, more of your savings may remain available for other purchase costs and life after closing.
Program highlight #3
Avoid monthly PMI
Eligible loans do not require a separate monthly private mortgage insurance payment, which can help lower the monthly cost compared with some low down-payment options.
Could this work for you?
The goal is not to make you guess.
Income limits, the location of the home, credit, debts, and available reserves can all affect eligibility. We will help you look at the complete picture and determine whether this program or another option fits you best.
Let’s look at my situation
General eligibility snapshot
Guidelines can change
- Credit profile
A 660+ score is generally expected for 100% financing. Buyers near 640 may have lower LTV or other program options.
- Income eligibility
Maximum income limits may apply based on the property location and current area median income guidelines.
- Eligible property location
The home may need to be located in a qualifying census tract, depending on the borrower’s income and current program rules.
- Debt and reserves
The lender will review debt-to-income, funds to close, and any required post closing reserves as part of underwriting.
These are general guidelines and not an approval or a complete list of requirements.
How it works
3 simple steps to get a real answer.
No need to study lending guidelines or figure out the census-tract rules on your own.
1
Tell us a little about you
Complete the short form below so we understand where you are in the process and how to reach you.
2
We review the right path
We will help coordinate a review of the current income, credit, property location, and financing requirements.
3
You get a clear next step
If this program fits, we help you move forward. If it does not, we can help you understand other realistic options that many families take advantage of.
Start here
Let’s find out what may be possible.
Fill out the form and a member of the Homeology team will reach out to learn more about your goals and help you take the next step.
A real person will reach out within 24 hours
No automated approval claims or one-size-fits-all answers.
Absolutley no pressure and 100% clarity!
We will help you understand the path before you make any decisions.
We are local!
Our team is here to help people looking in and around the Greater Sacramento and surrounding Northern California communities.
0% Down Financing
Check your eligibility
Questions are a good thing
Let’s make the fine print feel less intimidating.
Here are the questions most buyers ask when they first hear “0% down.”
Still wondering if you qualify?For an eligible borrower and property, the loan may finance up to 100% of the purchase price. That does not necessarily mean you will bring only $500 total to closing. Closing costs, prepaid taxes and insurance, inspections, appraisal costs and required reserves are separate from the down payment and vary by transaction.
No. This is a conventional financing option and is not a VA loan. Eligible veterans can still compare it with VA financing to see which complete loan structure makes more sense.
First-time buyers may be eligible, but the exact borrower requirements depend on the current program guidelines. The quickest way to know is to have your specific income, credit profile and purchase plan reviewed.
A 660+ score is generally expected for 100% financing under the guidelines currently being presented. Buyers closer to 640 may have a lower-LTV version or another low-down-payment option available. Credit score alone does not determine approval and our loan officers can walk you through what needs to be done to increase your credit score in case you are a bit lower than needed.
Some affordable-lending programs use census-tract and area-median-income rules to determine eligibility. A home that qualifies for one buyer may not qualify for another, so the property address and the buyer’s income may both need to be reviewed.
There is no hidden shortcut around normal mortgage approval. Income limits, eligible locations, credit, debt-to-income, reserves, loan limits, occupancy, appraisal and full lender underwriting may apply. Rates, fees, and total costs should always be compared with other financing options.
Reach out and let's see which option works best for you! 100% free consultation!
Let's have a quick conversation to understnad your situation and we can go from there. Our goal is to educate you so you can make the best decision for you and your family!
Important: Homeology Real Estate is not a mortgage lender. This page is for general informational purposes only and is not a commitment to lend, loan estimate, preapproval, approval, or guarantee of financing. Program availability, rates, fees, credit standards, income limits, eligible census tracts, property requirements, reserve requirements, and all other guidelines are determined by the participating lender and may change or be discontinued without notice. “0% down” and “100% financing” refer to the potential financing of the purchase price for qualified borrowers and eligible properties; buyers may still be responsible for closing costs, prepaid expenses, inspections, deposits, reserves, and other transaction costs. Equal Housing Opportunity.
