NO DOWN PAYMENT

[Gail Leonard]

I have a client with good credit, good job, but has no money for a down payment? Does anybody know of any creative ways for him to be able to purchase a house?

[Ursula B.]

@Gail Leonard Navy Federal Credit Union has a 100%, no PMI conventional loan product called HomeBuyers Choice. In spring 2012 the rate was about 4.5%. Not sure what it is now. He may be able to join as the family member of a service member, vet or government employee. Hope that helps.