Spurr Mortgage

233 E. 10th Street Plaza

Suite 3

Edmond, OK 73034

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(405) 348-9919 (405) 348-6717233 E. 10th Street Plz. Suite 3, Edmond, Ok 73034

No Down Payment for FHA Buyers

I help customers find mortgage solutions that work for them. A very important and satisfying part of my job is offering guidance and education about the process and mortgage solutions for those buyers who are buying a home but are short on cash for a down payment. Because Fannie Mae and Freddie Mac have discontinued all of the 100% LTV financing programs, I am excited to announce a newly enhanced FHA program for buyers to purchase a home with No Down Payment Required!

Borrowers who qualify for a traditional FHA First Mortgage Program is automatically qualified for our 100% LTV NO DOWN PAYMENT loan throughout the State of Oklahoma regardless of the amount of the amount of income earned or whether they’re a first-time borrower or not.

Advantages of this loan program are that pricing is better than or exceeds Fannie Mae’s standard pricing and a seller can pay up to 6% of the closing costs, not to mention, a 620 credit score or better will qualify for a mortgage!

This is a perfect loan for a borrower who wants to keep their investments invested in the market or beneficial to borrows who do not have a down payment. Anyone wanting to purchase new or resale homes not to exceed $275,665, can qualify.

Welcome Home means calling Jennifer Buffington, 405-348-9919 who has 27 years of hands-on experience to help you achieve the Deed and Keys to your Dream Home!

 

Use Our Online Application

Or call Jennifer Bluffington at 405-348-9919 or email her at jennifer@spurrmortgage.com

Get Started Now!
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No Down Payment Required

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No Income Restrictions

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No Property Eligibility requirement

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No Cash reserves needed

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No Bankruptcies or foreclosures

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No Prepayment Penalty if loan is paid out early

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No Manufactured Homes

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No First Time Home Buyer Requirement

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Minimum Credit Score 620 or higher

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Flexible FHA underwriting Guidelines

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6% Contributions from Seller

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Save your hard earned money...use it for moving expenses

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Purchase new things for your new home