Buy a Home with Zero Down

This is what you need to make a deal

You need good credit, a score of 680 or better.

You need to have closing costs which are:

• Legal Fees - Approximately $1000.00
• Adjustments for taxes, strata fees, utilities and such - usually a few hundred dollars
• You need to have access to enough money for the deposit to remove subjects - this will be returned to you via cash back at close - you can borrow this from somewhere
• Typically the Lender wants you to have 1.5% of the purchase price in cash for closing, cannot be borrowed or gifted
• Can be used for Single family home, duplex, townhouse or condo

You should contact a mortgage brokerthat wants to work on a zero down deal. Many Don't.