Bond Money

I just want to make everyone aware that there is bond money that can go hand in hand with an FHA loan that makes the net result to the buyer a possible $0 down situation. The bond program is for 5% of the sales price which can cover the 3.5% down payment requirement and 1.5% toward the closing costs. How can it be $0 down you ask... Well the seller can cover the rest of the closing costs that the bond is not able to cover as long as it fits in the 6% seller concession limits. If you are looking for an option such as this please let me know and I would be happy to help! The bond program is an exciting tool that can be utilized to purchase a home with little to no money out of pocket. For details on the bond money please send me a message! Have a Great Day!
Brad