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Am I able to get a loan with a very low down payment?

household income is over $150k annual, about $1500 in bills monthly, plus rent of about $2500/month. what amount can we get approved for if we only have $5000 for down payment? by victor728 from Newark, New Jersey. Apr 20th 2016 Reply


Peter Rinnyk (prinnyk)
#63 ranked lender in New Jersey - 20 contributions

You can get into an FHA loan with as little as 3.5% down payment, or Zero Down payment if you qualify for a Veterans loan. There are also Down Payment assistance programs available along with Seller concessions to help pay for the closing costs. If you are in NJ we are a local lender that can help you qualify and provide a pre approval for you. you can call me directly at the number listed. Thank you Peter

Apr 20th 2016
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Dennis Flanagan (dflanagan@fam1fund.com)
#141 ranked lender in New Jersey - 10 contributions

yes you can call me and we can discuss your options 732-505-4600 x324

Apr 20th 2016
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I'm a very knowledgable Essex County Real Estate Agent. I'd be happy to share market information with you Victor. Rudy w/ Keller Williams Realty - (973) 803-3236, rudyatgigkw@gmail.com

Apr 20th 2016
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