Are you ready to purchase a home but want to avoid paying the hefty downpayment?

Are you ready to purchase a home but want to avoid paying the hefty downpayment? In this video, I will show you how you can buy a property without having 20%
down. Hey everyone, Jenevieve Croall here with JLUX Homes. While cash and the stock market can be volatile in recessions, real estate is considered one of the
safest investments historically. With so many investment opportunities out there, more and more people are putting their money into real estate rather than focusing on saving up. But did you know you can invest in real estate without a massive down payment? Here are FOUR excellent choices for home loans that you may qualify for:

#1: FHA mortgage.
If you're struggling to get loan approval or have credit challenges, then the Federal Housing Administration's 3.5% down payment option may be just the loan for you. This loan is especially popular with first-time home buyers.

#2 VA, no money down loan.
The VA loan is designed to help active-duty members, veterans, and surviving spouses secure their new homes with zero down payments. This loan offers the lowest rates of ANY mortgage and insurance exceptions.

#3 A Conventional loan

Where you can get into a house with just 5% down. On a $500,000 home, you'd need $25,000 to make a 5% down
payment. Compare that to the whopping $100,000 you'd need for 20% down. This conventional loan is a game-changer for many homebuyers.

#4 Last but not least is USDA mortgages.

These affordable, fully-financed, US Department of Agriculture-backed loans require zero down and are perfect if you're moving to a rural area where you earn
below 115% of the median income.

Well, there you have it- just a few low-down-payment loan options that may be available to you, depending on your unique situation. For more details on any of these loan options or to discuss additional options, click the link or give me a shout. I'll connect you with our home loan experts so you can start putting your money to work in a new home today!