Texas Zero Down Home Loan

Tighter mortgage restrictions have made it less common to get a zero down mortgage. However in some cases it is still possible to get a zero down mortgage if you have very good credit. Currently if you do not qualify for VA or USDA you will need a minimum of 3.5% down with good credit and 5% to 20% down or more with some credit problems.

Zero down programs allow you to buy your home now, instead of waiting to save enough for a down payment.

Current options available for buying a home with zero down.

1. VA and USDA(for rural areas only) loans are frequently possible with zero or small down payment. 
2. Community grant programs are sometimes available to cover all or part of your down payment. This is generally for low income households.

Some  programs allow the seller to pay 3 to 6 percent of the purchase price to pay your closing costs. Ask your loan officer if you qualify for any of these programs. You may need to pay some closing costs in addition to a down payment. Programs frequently change so please call or email for up to date information.

Please call or email for any questions of for a no obligation consultation.

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Texas Capital Mortgage - 28 FM 1960 West - Houston, TX 77090
Office Phone: 1- 866-433-0500 toll free Fax: 832-565-1656

Texas Mortgage Broker License #65252.

We provide service for the entire state of Texas.

 

Our goal is to provide your with the best mortgage products with low rates and superior service. Call one of our experienced loan officers for a rate quote or answers to your financing questions.  

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