Government Insured Mortgage Loans
in Illinois and Wisconsin
If you are looking to make a low down payment
or if you are a veteran, the government may be able to help you
with a Wisconsin or Illinois no money down purchase or refinance!
Check out these great programs:
FHA Mortgage Home Loans
- up to 100%
FHA loans are loans insured by the Department of Housing and Urban
Development (HUD). They are available to all qualified buyers,
but are subject to maximum mortgage limits for each county.
The loans offer low down payment options, flexibility and charge
less for mortgage insurance premiums (MIP) compared to a conventional
Federal and State VA
Mortgage Loans - 100% Financing
No down payment is required (Illinois and Wisconsin federal only.
Wisconsin State VA loans require
5% down), but buyers have to be qualified veterans of military service.
Wisconsin and Illinois VA mortgage Loans are typically
fixed-rate loans guaranteed by the US Department of Veterans
Affairs for the purpose of making housing affordable to eligible
US veterans. More...
Single Family Guaranteed Mortgage Loans -
Financing plus up to appraised value for closing costs and escrows
(pre-paids) The Guaranteed Rural Housing (GRH) loan program provides moderate
income families with access to affordable home ownership in eligible
rural areas. Ameristar Mortgage provides home purchase
financing requiring no down payment and can finance loan closing
costs and repairs up to the property's appraised value.
You can purchase a Wisconsin or Illinois home with
no down payment through Ameristar Mortgage. We have
great FHA mortgage rates that can make you a homeowner
today! We work with down payment assistance programs
that can get you into a home with no money down.
Whether you are located in Wisconsin
or Illinois we are here to help you obtain your
no down payment FHA mortgage loan purchase or refinance
at the best rate possible.
FHA condo spot loan article. Learn how you can
purchase a condo not on the
FHA approved list and still use FHA financing.
With so many condos on the market in Chicago and
any where in Illinois and Wisconsin, FHA spot loan
approvals are becoming crucial in obtaining flexible
financing with little money down especially in Chicago