Buy a Home for Less than a Security Deposit

Buy a Home for Less Than a Security Deposit

Buy a Home for Less than a Security Deposit - Rochester MN Homes

Buy a Home for Less Than a Security Deposit

Hey there! This is Alex – most of my online content has my personal touch.

Anyways there are several aspects that go into getting into a low down payment financing option. It is not difficult to do, in fact I’ve personally seen dozens of clients uses these programs every year.

To get a more comprehensive overview you can call or text me at 507.696.7510 or you can check out my process by clicking here. My strategic home buying consultations will put you ahead of the competition when it comes to

The two most important numbers in buying a home are the “Out-of-Pocket Expenses” and “Monthly Payment”, it’s easy to get sticker shock when you look as the asking price. I can put this all in perspective relatively quickly so when you find the home you love you can make the informed and intelligent decisions necessary for your future.

You deserve everything wonderful in life! Thank you for taking the time to read this! 507.696.7510

Video Transcription:

You can buy a home for less than a security deposit.

This is Alex Mayer, Counselor Realty and there are a multitude of low down payment options, but here’s two you should really know about.

The Minnesota Housing Down Payment Assistance loan. This is a program, where the state is willing to grant anywhere between eight and $10,000 in an interest-free loan to help you pay for your down payment and closing costs. If your annual income is under $140,000, you may qualify. All you’ll need to do is take a one-time online Home Buyer Education course and contribute at least $1,000 out of your own pocket.

If you’re looking to move to one of Rochester’s surrounding cities, the US Department of Agriculture’s Rural Development loan may be a good fit for you. A 0% down program, many of my clients have ended up paying no money out of pocket.

Now, I’ve never heard of a landlord who would pay you to move out, but in home ownership, you have the possibility to earn thousands down the road.

This is Alex Mayor with Counselor Realty, Buy and Sell Strategically.

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