Shelter Home Mortgage: 0% Down Payment

Shelter Home Mortgage: 0% Down Payment

Shelter Home Mortgage: 0% Down Payment

By Mark Spain Real Estate

Whether it be your first home or your forever home, Shelter Home Mortgage’s new loan program eases the stress of purchasing by implementing zero down payment! Mortgage rates are at an all time low and the summer market is kicking into high gear! Therefore, this is the perfect time to buy a new home and who better to help you with your loan than the Darrell Edquist Team of Shelter Home Mortgage?  They will help you finance your home by providing a two loan solution- a conventional first mortgage paired with a small second mortgage.

100% Conventional Loan Structure

Your first mortgage will make up 97% of your sales price at a 30 year fixed-rate loan. The second mortgage is comprised of 4% of your sales price. 3% of this is towards the down payment plus 1% towards closing costs at a 30 year fixed-rate, interest-only loan.

Loan Details:

  • Your interest rate is the same percentage for both loans
  • No mortgage insurance required
  • Minimum credit score of 660
  • Max debt ratio 50%
  • Income limits apply
  • First-time home buyers eligible with homebuyer education

About Shelter Home Mortgage

The Darrell Edquist Team of Shelter Home Mortgage has over 60+ years of experience in the mortgage industry and have partnered with Mark Spain Real Estate for over 7 years. They offer the highest level of expertise and personal attention to every client. Additionally, the team is comprised of local experts who stay in constant contact with you. Because of this, no part of your loan is ever outsourced. Shelter Home Mortgage minimizes the hassle and ensures you close on time.

Buying a home is no small undertaking, therefore, we ensure you work with the best. Shelter Home Mortgage is dedicated to ensuring there are options for buyers in all chapters of life because their desire is to deliver a memorable customer experience with every loan!

Have questions? Want to connect with someone on the Darrell Edquist Team? Give them a call!

Mark Spain Real Estate strives to keep our clients as our top priority and deliver an unparalleled client experience. We are grateful to serve our clients in reaching their real estate goals! Contact us today!

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Mark Spain Real Estate is grateful to serve all of Metro Atlanta and Athens in Georgia, Charlotte and Raleigh in North Carolina, Orlando and Tampa in Florida, and Nashville in Tennessee!