Build Your Own House

Affordable New Homes

Summary: 100 % Financing, Zero down payment mortgages or even low down payment mortgages can make buying a new home more affordable.

The National Association of Realtors recently reported that the most difficult step in the home buying process is saving for a down payment.

You may have a great job with a good salary, but car loans, school loans, high rent payments, etc. make it almost impossible to save for a down payment.

My advice would be to buy a new house from a home builder in a subdivision where home prices are more competitive and the builder or developer, or any mortgage loan broker or Mortgage Company, can find a way for you to buy a new home.

New homes in a subdivision are usually as inexpensive as a house you built yourself. They also come with at least a one to ten year warranty, new modern appliances, high energy efficiency heating and cooling, and much more.

Replace your high monthly rent payment with a lower monthly mortgage payment.

Then, your monthly housing costs not only may be lower than your rent is now, many of the costs of owning a house are tax deductible!

And, as your new home increases in value you will benefit.

There are now thousands of down payment programs available that can make it easier for you to buy any house.

Carl Heldmann

According to Down Payment Resource: There are more than 2,400 homebuyer programs available across the country–they can be as unique as the homebuyers and communities they serve. Our research found that 87% of U.S. homes are eligible for one or more homeownership programs. The down payment program benefit most frequently found is $10,000.