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what programs do you have for commercial and residential down payment assistant?

by twilloan346 from Birmingham, Alabama. Mar 27th 2014 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Zero for commercial.. Even SBA requires a down payment and reserves to qualify for a commercial loan.. the logic is if you cannot afford to put money down and you don't have any cash reserves to pay for bills, then you really shouldn't be looking at purchasing a commercial property.. if your looking for residential down payment assistance, then it's possible you can find something in your area, but it would only be for an owner occupied purchase.. if your looking at any type of investment property, residential or commercial, you will not find any DPA programs.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Mar 28th 2014
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Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions

it all depends on your situation.. USDA is for rural areas, 100% loan, but you need to be income qualify, email at yourloanpartnerforlife@live.com

Mar 27th 2014
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