Found 1 blog entry tagged as loan options.

Your home purchase is a big deal, but your down payment shouldn’t be. If you haven’t saved a significant down payment for a home, but you’re otherwise qualified to receive financing, we have you covered. Waterstone Mortgage offers a variety of no- and low-down-payment mortgage programs to help you achieve your goal of homeownership.

No Down Payment

USDA/Rural Housing Loans

  • FICO as low as 600
  • Home must be located in designated area

VA Loans

  • FICO as low as 600
  • No mortgage insurance requirements
  • Available for active-duty military, veterans, reservists and members of the National Guard, and some surviving spouses of veterans

Wealth Building Loan

  • FICO as low as 680
  • Financing through adjustable rate mortgage

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