The 100% financing loan is designed to offer home ownerhship opportunities to borrowers who have good credit but who lack the ability, or desire to make a down payment on a home. Branson 100% financing provides and option for those who wish to invest their savings in assets other than their home.
This type of financing is popular among both first time home buyers and experienced home buyers and you can use 100% financing for a purchase or a refinance. The fixed rate loan is also available for construction and home improvement of an owner occupied primary residence. I can help you find 100% financing in Branson, MO.
While you are not required to make a down payment, you must have 3% in the transaction. These funds are applied towards your closing costs and may come from your own funds, a gift from a relative, a grant, or the sale of assets you own.