Wisconsin and Illinois No Money Down 100% Mortgage Home Loans
Effective immediately, and solely as
consequence of recently issued announcements by Fannie Mae and Freddie Mac
and
mortgage insurance companies, Ameristar Mortgage is implementing the
following changes:
All conventional programs with LTV/TLTV/HTLV over 97% are discontinued. We
will continue to offer some refinance and cash out refinance loans, FHA, VA and Rural Housing loans with 100% financing.
Individual pages on our website will be updated to reflect this change as
soon as possible.

In a Changing Marketplace 100% Financing is Still an
Option
Even in the current, more restricted lending market, 100% financing no money down
mortgage loans are
still available for qualified borrowers. We offer a variety of Wisconsin and
Illinois 100%
financing mortgage programs.
Ameristar Mortgage offers the following no money down mortgage programs:
(No money down programs are available to first time home buyers!)
Programs listed below require at least a 3% down payment:
Wisconsin no money down and Illinois no money down home loans can be used
for a number of reasons such as making home improvements, purchasing a new
home, refinancing your current home for a better rate or to refinance out of
an ARM rate to a fixed rate.
All
Wisconsin and Illinois Mortgage Programs
100% Financing (No Money Down) Programs
First Time Home Buyer Mortgage Programs
My Community Mortgage
Government Loans including
FHA, VA and
Rural Housing
Wisconsin Refinance Illinois Refinance Programs
Current
Wisconsin and Illinois Mortgage Rates
About Ameristar Mortgage
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Contact Ameristar
Mortgage Latest no money down blog entries:
No Money Down
Mortgage from
Ameristar Mortgage
May 11th, 2008
Illinois and
Wisconsin 100%
financing no money
down mortgages have
become a popular
choice for financing
a home. With recent
changes in the
mortgage industry
the fico score
requirement has
increased and loan
to values have
decreased.
No Money Down Mortgage loans are a colossal risk for the lender, therefore,
any borrower that applies for one of these programs must have extensive
documentation to prove their eligibility for this mortgage program.
There are Wisconsin
and Illinois mortgage programs offered with no money down buy are going to
be limited to FHA mortgage, VA mortgage, Rural
Housing mortgage
loans and some
refinance and cash out refinance mortgage programs.
Ameristar Mortgage
is your local
Wisconsin and
Illinois no money
down mortgage
broker.
Contact us for
questions or
additional
information
Read the rest of this
entry »
No Money Down
Mortgage from
Ameristar Mortgage
April 17th, 2008
With all of the
recent changes to
100% financing (no
money down) mortgage
loans almost all
programs now require
at least 3% down.
Ameristar Mortgage
still offers
Wisconsin no money
down and Illinois no
money down mortgage
programs to
borrowers who do not
have a down payment.
Ameristar Mortgage
offers Rural Housing
loans, FHA loans and
VA mortgage loans up
to 100% financing
and with a rural
housing loans you
can finance up to
103% so that you may
roll in closing
costs and prepaid
items such as your
home owners
insurance policy.
Read the rest of this
entry »
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