#1 Problem for would-be homebuyers?
Downpayment & closing costs!
Nations Lending recognizes that for most people the primary barrier to homeownership is not income or credit, but rather the down payment and closing costs.
Worried about
income ?
If you can afford to pay rent, you may be able to afford a mortgage payment
Concerned about your credit?
Downpayment & Closing Costs
National Down Payment Assistance Programs
There are a number of national financing programs that may get you into a home with little to no downpayment whatsoever no matter where you may live. Nations Lending can help you navigate the maze and find the programs you qualify for and are a best fit to your needs.
1st Generation Homebuyers
There is a unique subset of homebuyer assistance programs geared specifically for individuals that are first generation homebuyers-you may qualify if you and your parent(s) have never owned a primary residence or lost a home in foreclosure. Nations Lending is dedicated to empowering first-generation homebuyers because homeownership remains the clearest path to building generational wealth for you and your family. Through strategic partnerships with regional and statewide initiatives, Nations Lending has established a comprehensive suite of programs tailored specifically for first generation buyers, with as much as $53,000 in interest free and forgivable loans and closing cost assistance.
Local Down Payment Assistance:
Many lenders–and homebuyers–are not aware of the large number of local community sponsored downpayment assistance programs. These funds are typically made available by city or county agencies to encourage homeownership. There are literally dozens of these programs and each has their own unique features and we can help you access these funds.
Working with buyers on their credit:
Nations Lending understands you may have concerns about your credit or simply not sure what your credit might look like or how to best improve it. We take a proactive approach to help borrowers understand their credit profile at no cost or obligation. The best time to review your credit is before you need financing so we have time to work on your credit profile and score together to ensure you get the best financing terms possible. We offer tailored advice and strategies to improve your credit.

For more details reach to a Personal Mortgage Advisor:
Loan Types

It makes for the perfect type of loan to meet the needs of buyers from all walks of life.
FHA Loans Offer:
• Minimum down payment of only 3.5%
• Credit score as low as 500*
• Flexible debt-to-income ratios
• 100% of down payment and closing costs can be a gift
• Flexible reserve requirements
• Up to 6% seller contributions towards closing costs and pre-paid items
We Offer:
• Purchase loans
• Rate-term refinancing
• Cash-out refinancing
• Streamline refinance
• 203(h) - Mortgage Insurance for Disaster Victims
FHA

We offer:
• Low down payment options
• Eligible sources of funds include gift funds from eligible sources
• DPA assistance that may be available in your local markets
• Zero down payment options for VA and USDA buyers
• Reduced Mortgage Insurance requirements for certain programs
• FICO scores as low as 500 on certain products
1st Time Buyers

We offer:
• Purchase loans
• Rate-term refinancing
• Cash-out refinancing
Conventional

This jumbo loan product also supports a lower-than-industry average required down payment -perfect for those buyers who want to keep more cash in the bank – with all the benefits exceeding those of a conforming loan.
We Offer:
• Purchase, no cash-out refinance and cash-out refinance
• All occupancy types
• Loans to $2M
• Jumbo AUS
• Non-Warrantable Condos
• No Mortgage Insurance
• First-time homebuyers permitted
• Blended ratios
Jumbo

Find the perfect place to kick off your boots with 100% financing available or explore interest rate reductions or cash out refinance options.
We Offer:
• Purchase loan
• Cash-out refinancing
• Interest Rate Reduction Refinance Loan (IRRRL)
VA

Whether you are an experienced or a first-time homebuyer, you may be able to qualify for a USDA home loan with no money down! These government backed loans are perfect for families and individuals interested in purchasing homes in rural communities. Ask your personal mortgage advisor if this is the right loan for you!
We Offer:
• Purchase
• No cash-out refinance
• Streamline Refinance
• Simple Refinance
USDA
Programs and products are available as of 11/24/2024 and may not be available in the future.
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