Banks Release: New FHA (No Money Down) Home Loan



In this video, Wayne Turner explains how you can purchase a home using a new FHA home loan with zero down payment options and how home sellers can cover 100% of your closing costs. You will learn how all homebuyers, not just first-time home buyers, are taking advantage of this new FHA financing program. Lower credit score requirements and minimum down payment are helping people achieve homeownership faster.

Whether you’re looking for no-money-down FHA home loans or tips on getting sellers to pay closing costs, this video is packed with everything you need to know to make buying a home easy and stress-free.

USDA Home Loan Video You Will Find Helpful…

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40 Comments

  1. Oh man… $165k for a home… man, thats a steal. Must be a horrible school district. You cant get a house for under $450k up north. 165 is like buying a house in 1990

  2. I reside in Ga. My wife and I make more than the median income for our area so USDA is not an option. Can we use this new FHA loan to purchase in a rural area with more than 2 acres?

  3. Wayne I am on SSDI and get 1,000 a month and a 579 credit score
    Can I buy a house in New Mexico with little or no down no fees on my end?
    I could maybe get 1,000 for fee's or a little more if the monthly payments are deferred a few months.
    I also would like Low monthly payments of 300-$400 is that possible?

  4. Wayne, we already tried that many years ago, they were called a non qualifying assumable. It was considered a failure or they would have maintained it. It was abused..

  5. Why is everyone state the lowest income as $180K? What about people earning $40k?!!!!! Stop feeding the median and start talking to those lower income because low income doesn't mean they gotta stay there!

  6. Are you able to help me purchase a home with this process? I just found the perfect foreclosure plan on doing all the renovations myself could you help me with this process?

  7. Dear sir, I am trying to buy a 3-4 family home, coliving in NJ. I have a very low income due to being disabled. Would I qualify for this. Do you represent folks in NJ.

  8. Also have to save money for down paymant thats rewuired.with 720 credit score higer income i dont listen to this

  9. That's not possible remember democrats own everything hmm but the thing is fha never said that they have rules you have to have higher credit score over 620 has to be at least 720 and income has to.be more.than what you get lenders are deniers they dont accept anyone dont matter what you.hear only employed people can get homes

  10. What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

  11. Wayne. If the owner dies, in Florida, and the house goes to the state how do you buy the hous 8:47 e? Karen

  12. Gonna need to see empirical proof of this no down FHA program. We're definitely not finessing the numbers to be a 3% addition to the loan to finance a down payment, right Wayne?

  13. Wow great info! And I agree, this loan is fantastic. I just purchased my home with this type of loan when I never thought I'd be able to buy a home again. I'm surprised by all of the naysayer comments tho. But hey, if you just stick your head in the sand and complain, you'll never get a house. lol

  14. I’m sorry but I watch all your stuff and I highly doubt there r any loans being given and the adjustment isn’t enough for people watch il try today and a friend and fam and watch none of us will get it I trust nothing and nobody I doubt everything there r less loans being giving too so I’m lost im confused

  15. Thanks for updating and explaining positive information about trying to get a home for how hard it seems with a 600 plus credit rate .

  16. Is it a good time to buy a house im approved for 150k lookingbto buy in texas we're i live

  17. It's odd how I've never taken any loan my whole life. All credit cards paid off. And it seems impossible. I do need advice on lender information.

  18. Good info, but PLEASE still save as much $$ as you can. As a homeowner, you're responsible for all maintenance, and furnaces/AC/roofs, etc, so you need to be Prepared.

  19. That's right!! The lead abatement should be done without contaminating the ground, thank you for going into this!

  20. 640 credit score, A+ bill paying on my credit report but I’m on SSI. I’ll eat beans the rest of my life to get out of public housing. Any advice toward home ownership would be so very much appreciated. I’m old and you know the old Sesame Street saying.. one of these things is not like the others … it’s time to move on. Could you and your team help me Wayne?

  21. What about if your income is Soc Sec and you work part time?

    How can we properly research EVERYTHING to make sure we aren't sacked into a money pit?
    Did you say there was no income limit?
    What are the chances for someone earning about 30k

  22. I spent 30 years in
    prison,
    Just to pay off my loan.. Merle Haggard
    Lots of these low down payment loans wind up in foreclosure. the govt takes the gas pipe on these and loses a ton of $$. Vets yes. Others,no. They seldom have $$ to maintain the homes. I have bought several and made money off them after a fair amount of work.
    I never promised you a rose garden or a house of your own,you cant afford.

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