Looking for a Low Down Payment? We Can Help!

One of the few positive outcomes to emerge from the collapse of the housing market was that home ownership became a reality for many Americans. Although home prices have become more affordable, the buyer still needs the capital for the lofty down payment. We realize that accruing the tens of thousands of dollars required for a down payment is just not possible for some Americans.

Knowing this, we offer two loan programs that make it as easy as possible to secure a loan with a low down payment. These government backed loans give Wyndham Capital the ability to offer lower down payments, lower credit score minimums and lower income requirements. If a costly down payment is the only thing keeping you from home ownership, check out the two loans options below!

FHA Mortgage – FHA loans have been helping American’s became home owners for decades. FHA loans are backed by the Federal Housing Administration (FHA).The FHA is a government agency created during the Great Depression and has insured over 37 million mortgages!

Since these loans are backed by the government, Wyndham Capital can offer more options and greater flexibility to potential lenders. One of the biggest benefits of FHA Loans is their ability to offer low percentage down payments; sometimes as low as 3.5!

VA Loan – VA Loans are not as universal as FHA Loans because they are eligible for our military veterans only. Wyndham Capital is proud to offer these loans to the brave men and women of our armed forces for their dedication and sacrifice. Like FHA Loans, VA loans are backed by the government, in this case the Veterans Administration. This government backing gives Wyndham the ability to offer lower down payments and lower credit requirements.

If you’re looking to purchase a home but you’re afraid you won’t be able to afford the down payment, ask one of our loan officers about our FHA and VA Loans today!