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The Surreal Zero down home purchase mortgage loan

This article will let you know all things about getting a "zero-down" home purchase mortgage-loan.

Find out what the zero down loan is and the benefits of the zero down loan.

What the zero down purchase mortgage loan is

A zero down purchase mortgage loan is a home loan you get that covers the whole 'purchase prices' of the home that you're getting that loan for.

For example, pretend you want to get a home that costs $300,000, and you use a regular home mortgage loan to purchase that home - a loan that requires a 'down payment.' Say you had to make a down payment of 10%. That means you'd have to put out $30,000 (yes, thirty thousand dollars) in cash for your mortgage down payment. Ohhhh my.

Now pretend that you still want to get a home that costs $300,000, but you use a zero down mortgage loan to purchase that home. In this case, you'd have to make a down payment of "zero dollars." (so you wouldn't need to make a down payment at all).

Go ahead and purchase your home: apply online for your home mortgage!

Learn more about the zero down mortgage loan

Benefits of the zero down purchase mortgage loan

When you go and get a zero down home purchase mortgage-loan, you can go straight from renting a home to owning a home without having to save or scrimp for a 'down payment.'

Which means: you don't have any extra cost to jump from making wasteful rent payments to making mortgage-payments instead, that go toward owning a home. So really, a zero down purchase mortgage loan is your ticket to owning a home without any down payment hassle.

Apply for a home purchase mortgage loan now!

Learn more about the zero down mortgage loan

Want more dirt on zero down purchase mortgage loans? Contact The Mortgage Store Online's brokers by using the home purchase contact form or by calling them at 1-866-880-2577.

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