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How to buy your first home with NO MONEY DOWN! - UWM 0% DOWN PURCHASE PROGRAM 

Matt The Mortgage Guy
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How to buy your first home with NO MONEY DOWN!
In this video I'm talking about UWM's new down payment assistance program for first time home-buyers with no income limit! Click here to learn more about the program: www.uwm.com/pr...
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7 сен 2024

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Комментарии : 23   
@maxbarretto2128
@maxbarretto2128 3 месяца назад
Does this work in Nevada
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
Yep- nationwide. We’re in Nevada Http://greatmortgagebroker.com
@maxbarretto2128
@maxbarretto2128 3 месяца назад
Tyvm keep me informed ty
@maxbarretto2128
@maxbarretto2128 3 месяца назад
I am very serious Matt
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
@@maxbarretto2128sweet, fill out quick form and we’ll be in touch Http://greatmortgagebroker.com
@maxbarretto2128
@maxbarretto2128 3 месяца назад
Hey Matt is there a other link not working for me
@Chicago_Mortgage
@Chicago_Mortgage 3 месяца назад
Borrowers must be at or below 80% of the Area Median Income (AMI) for the address of the property they are buying and meet Home Possible® guideline requirements
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
Incorrect- no income limit if one of borrowers is 1st time buyer and 700+ credit
@anniesshenanigans3815
@anniesshenanigans3815 Месяц назад
I have a paid off home. I want to buy a home in another state, that I will move to once this home is sold. Is there a type of loan that I can get for that? I do not want to finance my current home because a mortgage company will require flood insurance and it's ridiculously high. (the whole reason I want to move). Is there a time limit on anything that is available to me? I do not have 20% to pay a down payment.
@MattTheMortgageGuy
@MattTheMortgageGuy Месяц назад
There is a BOOST program that allows you to buy forward first then sell your primary within 12 months. Connect with the team here: greatmortgagebroker.com
@GreeneyesCrystalina
@GreeneyesCrystalina 3 месяца назад
First time home buyers EVER or not having bought a home in the past x years timeframe?
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
One buyer hasn’t owned in last 3 years
@stephaniegarcia8662
@stephaniegarcia8662 2 месяца назад
If 3% of the purchase price is less than 15k, can the remainder be applied to closing costs? Example: if 3% down is $7,500 - can $7,500 also be used to lower the required cash to close?
@MattTheMortgageGuy
@MattTheMortgageGuy 2 месяца назад
No, that is a great question tho. You’d have to ask for seller credit to cover the closing costs if buyer doesn’t have them.
@ricardorincon2083
@ricardorincon2083 3 месяца назад
What’s the rate on this new UWM 0% down program, similar to any 3% conventional or a bit higher rate?
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
same pricing as the 3% down product
@jayrod.2252
@jayrod.2252 3 месяца назад
Is there a default interest rate for the zero percent down?
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
It depends on credit score and changes daily but essentially the rate you’d get with 3% down conventional
@Mona-yb2in
@Mona-yb2in 3 месяца назад
My cousin wants to buy a home now. But in 6-8 mos he "may" be receiving an inheritance [not sure]. He is thinking of buying now anyway - no money down, etc. Then, if/when he gets the inheritance, he wants to buy his dream home using that money as a down pmt and rent out the other one? The time line could be as early as 3-6 months or longer. Would him and his wife need to qualify for the new mortgage based on the first mortgage pmt plus that new one? How does that work, Matt?
@MattTheMortgageGuy
@MattTheMortgageGuy 3 месяца назад
Yes You’d qualify for new mortgage and old mortgage would be taken into consideration as part of debts. But you can use rental income to offset that debt with lease agreement on departing residence
@Mona-yb2in
@Mona-yb2in 3 месяца назад
Thank you! Will pass on the good news.
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