Your Home Sold Guaranteed Realty — The Nathan Clark Team

Buy a Home No Money Down in Cranston With a Top Realtor

Want to know how to buy a home in Cranston for no money down? Many first-time home buyers might think they need to make a hefty down payment in order to secure a good home. But when down payments can be as much as $10,000 or $20,000, this isn’t always a realistic possibility.

For this reason, you may be looking for ways to save on the down payment. In this post, our realtors at Your Home Sold Guaranteed Realty – The Nathan Clark Team will discuss what your options are. For a more in-depth explanation, download our free guide on “How to Buy a Home With Little Or No Money Down,” below.

Down Payment Options For First-Time Home Buyers

If this is your first time buying a home, you can take advantage of government programs that let you buy a home in Cranston for no money down, or at least a much smaller amount.

These financial assistance programs aim to help people enter the housing market who otherwise wouldn’t be able to afford to do so. For example, many first-time home buyers are stuck paying rent, which makes it harder for them to save up for a proper down payment.

Even if you’re already living in a home, you may still technically qualify as a first-time home buyer. This may be the case if your spouse’s name is on the deed but yours isn’t.

Ultimately, the best way to find out what you qualify for is by consulting with an experienced realtor in Cranston, Rhode Island. Realtors are knowledgeable about down payment assistance programs in the area.

How Veterans Can Buy a Home in Cranston For No Money Down

VA loans are backed by the federal government and are a great option to help veterans buy a home with little to no down payment. 

To qualify for a VA loan, you must have served any one of the following: 

  • 90 consecutive days of active service during wartime
  • 181 consecutive days of active service during peacetime
  • More than six years in the National Guard or Reserves or at least 90 days under Title 32 orders, with at least 30 of those days being consecutive.

You can also qualify if you are:

  • Discharged from the service connected to a disability
  • The spouse of a service member who died in the line of duty
  • Have a disability from a service-related injury

In addition to service requirements, your credit score will have a role to play in qualifying for the loan.

Our Team Can Help You Buy a Home in Cranston, RI

To learn more about how to buy a home in Cranston for no money down, be sure to read our free guide on “How To Buy A Home With Little Or No Money Down.”

And when you’re ready to take the next steps in the home-buying process, our award-winning real estate team at Your Home Sold Guaranteed – The Nathan Clark Team can help. We have years of experience helping home buyers purchase a home for little to no money down.

On top of that, we offer several buyer’s guarantees, such as our Buyer Protection Plan, that make the home buying process as easy and risk-free as possible.

Our proven track record of results speaks for itself– but don’t take our word for it. Check out what people are saying about our real estate team here

To learn more about working with us, or to download our free guide, give us a call at 401-288-3557 or fill out the form below. Get ready to start packing!

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Nathan Clark $ 39 Cedar Swamp Rd, Smithfield RI 02917 401-288-3557
Nathan Clark, Owner/Broker
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