How much cash do I need?

Owner Occupant: If you are purchasing a home to live in, the minimum downpayment required is 3.5% of the purchase price.  Exceptions can be made if you use your VA eligibility to purchase or if your property is located in a USDA area.  Income limits apply.

Investor: If you are buyer a property as an investor, lenders require a minimum  downpayment of 25% of  the purchase price.

In addition to the downpayment, there is an additional 5-7% of the purchase price required if you choose to finance your property.  However, with RK Investment Realty as your real estate partner, some of the closing costs may be negotiated as part of the purchase transaction.

Credit Issues?

If your credit is below 620, Mortgage Security Network, and its team of specialists can offer tips on how to boost your credit score.

Don’t have time to wait?  Let Mortgage Security Network hook you up with one of our many financial institutions who lend below a 620 score.

Special Programs

You may qualify for one of our special financing programs.

Ask your mortgage specialist about our:

• Rehab loans
• VA
• USDA
• FHA
• Conventional
• Investor
• Foreign National

First Time Buyer?

Let MSN help you take advantage of the Federal, State and local grants available to first time homebuyers.

You could qualify for up to $35000 towards the purchase of your new home.