Many potential homeowners
have good credit, but lack the down payment required to
secure a mortgage. Qualified first-time homebuyers or
those borrowers wishing to refinance an existing mortgage
can take advantage of F&M Mortgage Group’s Zero-Down
Loan Program which offers 100% financing. The Zero-Down
program leverages a borrower’s good credit to provide
loan solutions with interest rates that are comparable
to most conventional loan programs. While a good credit
score is a prerequisite for this loan type, home buyers
whose debt-to-income ratios are over 40% can qualify for
this program.
