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0% Down: How can you SAVE MONEY using NY first-time home buyer programs?
- James Ruff
- October 11, 2022
Table of Contents
Knowledge is power. Learn how to borrow intelligently:
Buying your first home is a big step toward financial independence and wealth development.Most first-time homebuyers don’t realize the opportunities available to them and often times waste unnecessary time delaying their home purchasing ultimately costing them tens of thousands of dollars that could have been saved for their long-term financial health.
Mortgage lending can be expensive, but it doesn’t have to be. There are programs available to you if you are a New York State first-time homebuyer, that almost no one in the world gets access to. Interest rates that are extremely cheap, grants for your down payment, ways to wrap your closing costs into the mortgage using seller financing secrets. The list goes on, and the gold is found in the details of the transaction.
We found a NYC and New York State mortgage product for first-time homebuyers which just saved over $7500 a year (Thousands of dollars!!), making national mortgage rates look like a joke. How can you save thousands on closing costs, interest costs, and potentially buy your first home with no money down in New York? It is possible, but who knows for how long…
How can you buy with no down payment requirement for first time homebuyers in NY?
Learn about a mortgage hack that allows people at almost any income level purchase their first home with a government grant that effectively reduces your downpayment to 0%. That’s right, you can buy a home in New York and NYC for $0 down, and only need to be responsible for MINOR closing costs. We recently positioned a client of ours to purchase a near $500,000 home for only $16,500, and they are now paying over $500 less than they were as renters, while gaining two bedrooms and an opportunity to rent out part of their property for passive income!
This is a home mortgage program you need to learn about.
All rates are subject to the borrowers eligibility, and must be verified with the lender having submitted all required documentation. The James Ruff Group LLC is a licensed real estate broker, and does not perform residential home loans. This video’s purpose is for educational purposes only.
#nomoneydown #firstimehomebuyers #newyorkrealestate0% Down: How can you SAVE MONEY using NY first-time home buyer programs?
James R. Ruff
Principal Broker
About the Author
James R. Ruff – With 30+ years in real estate construction, investing, and brokerage, having studied at Harvard Business School, James Ruff leads The James Ruff Group Real Estate Brokerage Firm as Principal Broker and Owner.
Operating from offices at Madison Park in Manhattan, New York, The South of Fifth in Miami, Florida, and Cambridge, Massachusetts, his team of expert advisors specializes in luxury residential and commercial properties throughout the USA.
James Ruff’s team is dedicated to helping you build wealth, security, and happiness through quality real estate guidance, one transaction at a time, for a lifetime.
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