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Press clips : Video Clips
1) HUD Homeownership subsidy
2) FNMA Zero-down loans
3) Vouchers Enable Low-Income HomeOwnership
4) Home Ownership: Pipe Dream or a New Reality
5) Daly Plan Pitifully Inadequate
6) May 16 HomeOwnership Debate in San Francisco
7) NAACP Minority HomeOwnership Program
8) Ellis/OMI/Costa Hawkins protections
9)Policy Hurts Immigrants
10)Home Ownership Causes HH Wealth
11)Class War and the Poverty Trap
12) Home Ownership Program for Equity

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 Loan Information ->FHA 0 dp loansFNMA Low programsFNMA Flexible 97FNMA Facts
Purchase money loans Nehemiah DP LoansHUD Special programFHA Fixup/Rehab loanCHFA Loan

Zero Downpayment Loans: FHA Access 2000


* FHA 102% Loan
* No Down Payment needed
* No First Time Homebuyer Requirements
* No Recapture Tax
* Single Family Home and Condo's only

The Access 2000 program is designed to assist homebuyers in California and a few counties of Nevada.
This is an FHA first mortgage that requires 3% Down, but Access 2000 provides a 2nd mortgage in the amount of 5% of the sales price.
This loan amount is fully amortized for 20 years and the interest rate is only 7.5%. Altogether, the homebuyer receives financing for 102% of the sales price.
The 5% covers the 3% down payment and the remaining 2% covers most of the FHA regulated closing costs associated with purchasing a home.
Therefore, an individual can purchase a home with almost no money.
Borrower is not required to be a first time buyer to use this program, but must fall within income limits set for the county of San Francisco: $ 72,400 per year.

This loan is available through most Federal Housing Administration lenders in all states, and through mortgage brokers.


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