Zero Down Loans for California Home Buyers – 100 percent Home Loans
We offer two US Government backed programs that allow for zero down, or no down payment financing of your new home.
The VA Loan and the USDA Rural Development Loan both allow 100% financing and require no down payment.
Learn more about our VA Loans and VA Jumbo Loans on our VA pages (click the links). VA Jumbo‘s are VA Loans for high cost markets that exceed the standard VA Loan Limit of $453K. These are available in Los Angeles, San Diego, Bay Area, Oakland, San Francisco, Orange County, Seattle, and many other cities. VA Loans require that you are an American Veteran or Active Duty US Military to qualify.
USDA – yes, the US Department of Agriculture, offers the USDA RD or Rural Development loan. Here is more info on the USDA RD Loan. These loans are for less densely populated areas, our USDA RD Loan Page has links to the property search tool to see if your future home may qualify for 100% USDA financing. There are also income limits for this program, but many families qualify.
Please give us a call to find out more and get started with your VA or USDA Home Financing. 760-752-4480 direct, ask for Brian Skaar.
We also offer Conventional Loans with 3% down in California, and FHA Loans with 3.5% down payment.
We also have Down Payment Assistance options that can be paired with Conventional, FHA, VA, and USDA Loans. This can help cover the down payment requirements on your FHA Loan, or the Closing and Settlement costs on a VA or USDA Loan.