Free Quote Bad Credit Loans Refinance Debt Consolidation Home Loans Contact Us

No Money Down Home Loans to 100%

The Home Loan Magician offers 100% home financing with no money down loans for qualified borrowers. Although the guidelines have tightened recently, we still provide borrowers with zero down purchase loans for new homes and 1st time homebuyers. Zero down mortgages remain attractive to new house buyers, but VA and USDA are the only government sponsored programs for people to buy a home with no down payment.

(1) The "piggyback loan," in which a combination of an 80% first and a 20% second mortgage eliminates the need for any down payment while preventing the bank from requiring you to pay mortgage insurance.

(2) The "option ARM" home loan use to go to 90% ( with an 80% 1st mortgage and 10% 2nd mortgage) Borrower paid less than the interest due for a limited number of monthly payments but the lender adds to the principal balance of the loan. (We do not suggest the negative amortization in most cases.)

(3) The FHA mortgage allows borrowers with poor credit to only to invest 3.5% into the down-payment (FHA charges Mortgage insurance premium)



Hard Work Goes into Every Loan Approval!

Loan Options
Mortgage Refinance
Home Purchase
2nd Mortgage
Bad Credit Loans
Hard Money Loans
Credit Lines
FHA Home Loans
Stated Income
Non Conforming
Loan Glossary
Company Profile
Loan Calculators
Loan Application
Contact Us



Home Loan Magician Home

Hard Money Consolidation Loans

Loans Index

FHA Home Mortgage Lender

Jumbo Home Mortgage Loans

Sub Prime Home Equity Loan

Home Equity Loans

Debt Consolidation Refinance

Hard Money Refinance

Site Map

Home Loan Magician, 203 Washington St, Salem Massachusetts 01970
This is not a solicitation for a home loan or a commitment to make mortgages under any particular terms. The does not offer home loans with no down payment. Certain restrictions apply. Home loans are subject to final underwriting approval.