There is no argument that underwriting guidelines have gotten tighter recently and for good reason. Defaults and foreclosures are at an all time high. Bad paper hit a point where Wallstreet said NO MORE emphatically. When this happened, mortgage bankers and lenders started folding in droves. This caused an overall tightening in mortgage lending leaving many would be home buyers out in the cold. Many of these would be home buyers have gotten discouraged and have given up on purchasing a home. Well now there is a reason for the would be home buyers to have hope.

Now there is a way a buyer can get into a home with NOTHING down. Yes, zero down, no down payment. Bill Burress, Nationwide Mortgage Expert has teamed up with several investors and has hammered out programs that can bring a buyer and a seller to the closing table without the buyer having to pay a down payment. Also, he has expanded the program to allow the seller to pay all prepaids, including hazard insurance, prepaid mi, and per diem interest.

These programs are terrific and there is no better market than this one to offer such great products. There is no application fee, so it will not cost the borrower anything to see if they can be approved.

You may contact Bill Burress, North America Mortgage Manager at Toll Free 1-800-239-1416. or fill out the 30 Second Inquiry Form Copyright © 2008 Bill Burress, Nationwide Mortgage Originator. All rights reserved worldwide.