The latest short response is sure, you can purchase a house rather than a downpayment. When you find yourself searching for a normal financial, yet not, you’re going to have to generate a down payment. To get a zero-off traditional financial, you would have to rating an authorities-supported mortgage.
Speaking of mortgage loans that bodies guarantees, to provide less of a danger so you’re able to lenders because bodies often shelter the fresh economic losing your situation out of a default. Continue reading « Can it be value getting off 50% to the a house? »