Don’t let a lack of down payment stop you from owning a home. Here are 5 ways you can own a home without a down payment:

1) Gift Funds:
Lenders generally allow you to use funds given to you as a gift to go towards your down payment. These funds must come from a relative, i.e. grandparents, siblings, significant other, etc.

2) 401K:
You can borrow from your employer-sponsored 401k to fund your down payment. On 401k loans, borrowing limits are generous. You can borrow up to the lesser of $50,000 or half the value of the account.

3) Down Payment Assistance Program:
Since 2002, the National Homebuyers Fund has provided more than $200 million in direct grants to more than 30,000 buyers. These funds are usually available in certain states on a loan of certain sizes. It is a good idea to speak to a Realtor who can point you in the right direction before assuming you qualify.

4) Special Government Services :
If you or your spouse is a current or former member of the military, your family may qualify for a VA Home Loan backed by the federal government (Department of Veteran Affairs). These loans require no money down.

5) USDA:
If you are buying a home in a rural or outer suburban area, you may qualify for a USDA Loan, also called a “Rural Development Loan”. This loan is designed to bring housing within reach for lower-income country dwellers.

We are sure if you put one of these 5 alternatives into place, you will be in your own home in no time.

For more tips and alternatives on how to own a home, or to make the home ownership process smooth and pain-free, keep following FACE TO FACE REALTY ( @Face2FaceRealty ).

Christian Louboutin Giveaway Contest Rules

As a Thank You to our 10k Instagram followers we want to give away a brand new pair of Christian Louboutin shoes to one lucky follower.

To Enter For A Chance To Win:

1. Follow @Face2FaceRealty on Instagram
2. Like This Post
3. Tag 5 Friends
4. Comment With Your Email Address

No Purchase Necessary. We will email the winner on December 15, 2016 to confirm the winner’s shoe size, style preference, and shipping address. Must be 18 years or older and live in the USA to be qualified to win. Please allow 6-12 weeks for delivery. The winner is required to post photo of their winnings on Instagram tagging @face2facerealty in the photo and using the hashtag #F2FRealty. If you have any questions or concerns please send all inquiries to Marketing@FaceToFaceRealty.com

BEYONCÉ: Formation World Tour Contest Rules

As a Thank You to our Instagram followers we want to give away a pair of tickets to The Formation World Tour 2016 at the Mercedes-Benz Superdome September 24th.

To Enter For A Chance To Win:
1. Follow @Face2FaceRealty on Instagram
2. Like This Post
3. Tag 3 Friends
4. Comment With Your Email Address

No Purchase Necessary. The Winners will be emailed the winning tickets. Must be 21 years or older and live in the USA to be qualified to win. The winner is required to post photo of their winnings on Instagram tagging @face2facerealty in the photo and using the hashtag #F2FRealty. If you have any questions, please contact us via email Info@facetofacerealty.com

FOLLOW: https://www.instagram.com/face2facerealty/

We are happy to announce that Face to Face Realty is working with the Neighborhood Assistance Corporation of America (NACA) to make home ownership a possibility for families. NACA is a national non-profit community advocacy and housing services organization.

As a result of its advocacy, NACA can offer you the BEST MORTGAGE in America with over $10 Billion dollars committed to its home ownership program. The NACA mortgage is a revolutionary product that can be used for:

PURCHASE:

Buying an Existing Home, New Construction, Single or Multi-Family Home, Condo or Co-Op;

PURCHASE and RENOVATION:

Purchasing an Existing Home needing repairs and financing the cost of the renovation;

Here are just some of the reasons why owning a home just became easier:

                                         NO Down Payment

                                         NO Closing Cost

                                         NO Fees

                                         NO Income Limits

                                         NO Perfect Credit

                                         NO Excuse

Take the First Step towards Ownership and Sign up for the Free Workshop:

NEXT WORKSHOP:

Saturday, March 19, 2016

10:00 AM – 2:00 PM

Westbank Regional Library

2751 Manhattan Blvd

Harvey, La 70058

To Reserve a Seat, please call Face to Face Realty at (504)239-8437

ENTERGY GIVEAWAY CONTEST

Why pay an Entergy bill this month?!  Let Face to Face Realty pay it!

As a Thank You to our 10k Instagram followers, we want to pay this month’s light bill for one lucky follower. It’s easy to win.

To Enter For A Chance To Win:

1) Follow @Face2FaceRealty on Instagram

2) Like This Post

3) Tag 3 Friends

4) Comment  With Your Email Address

No Purchase Necessary. Must be 18 years or older and live in a region serviced by Entergy Inc. The winner will be contacted via email September 30, 2015 to confirm account name and number associated with Entergy account. The winner is also required to repost the “Contest Winner” photo using the hashtag #F2FRealty and tagging @face2facerealty. If you have any questions, please contact Marketing@facetofacerealty.com

Solange HOB Concert Contest Rules

As a Thank You to our 10k Instagram followers we want to give away a pair of tickets to the Make It Right Benefit concert at House of Blues New Orleans.

To Enter For A Chance To Win:

1. Follow @Face2FaceRealty on Instagram
2. Like This Post
3. Tag 3 Friends
4. Comment With Your Email Address

No Purchase Necessary. The Winners will be emailed the winning tickets. Must be 21 years or older and live in the USA to be qualified to win. The winner is required to post photo of their winnings on Instagram tagging @face2facerealty in the photo and using the hashtag #F2FRealty. If you have any questions, please contact us via email Marketing@facetofacerealty.com

The Finance Authority of New Orleans is a governmental agency created to help citizens get low interest mortgage loans to purchase homes in Orleans Parish. Their low interest mortgage loan programs serve both first time homebuyers and non-first time homebuyers of all family income levels.

The “Expand to Homeownership” Grant Program is designed to help New Orleans homebuyers with down payment and closing costs when purchasing a home. This program provides a Grant of up to 4% of the loan amount. All mortgages are fixed rate 30-year loans. Borrowers must occupy the home as their principal residence.

• No repayment is required for assistance received
• Servicing borrowers with incomes up to $84,000 (140% of 2014 area median incomes)
• Maximum mortgage loan: $271,050 for FHA, $417,000 for VA or Conventional
• Must qualify for a mortgage loan with a participating lender
• This program is not limited to “first-time homebuyers”
• First-time buyers must complete 12-hour Homebuyer Education Class

How it Works: If your loan amount is $150,000

OPTION 1 offers a 4% GRANT $150,000 x 4% = $6,000
OPTION 2 offers a 3% GRANT $150,000 x 3% = $4,500
(OPTION 1 will carry a higher mortgage interest rate than OPTION 2)

To apply for the program and to receive more detailed information on qualifying, contact a Face to Face Realty agent at (504)239-8437.

The Pathway to Homeownership is closer than you think.

The St. Bernard Parish Home Mortgage Authority is taking applications for a CDBG Soft Second Mortgage Program that offers Homebuyer’s a soft second loan of 20 percent of the purchase price up to $30,000 and 0% interest rate and no monthly payments and a grant of up to $5,000 for closing costs and down payment assistance on a need basis.

The soft second mortgage will be forgiven after the Homeowner has met the requirements of the Program and has lived in the home for five (5) years.

Maximum Purchase Price – $200,000.00

Minimum Required Homebuyer Investment

1% of Purchase Price or $1,000, whichever is greater

Eligible Participants

• First time homebuyers that meet the household incomes and purchasing a principle residence in St. Bernard Parish.
• An individual who has had no ownership in a principle residence during the 3-year period ending on the date of purchase of the property. This includes a spouse (if either meets the above test, they are considered first-time homebuyers).
• A single parent who has only owned with a former spouse while married.
• An individual who is displaced/divorced homemaker and has only owned with a spouse.

Household Size               Income Limits

1                                       $50,400
2                                       $57,600
3                                       $68,800
4                                       $72,000

To apply for a mortgage loan under this Program or receive more detailed information on qualifying, contact Face to Face Realty at (504)239-8437.

Christian Louboutin Giveaway Contest Rules

As a Thank You to our 10k Instagram followers we want to give away a brand new pair of Christian Louboutin shoes to one lucky follower.

To Enter For A Chance To Win:

1. Follow @Face2FaceRealty on Instagram
2. Like This Post
3. Tag 5 Friends
4. Comment With Your Email Address

No Purchase Necessary. We will email the winner on July 31, 2015 to confirm the winner’s shoe size, style preference, and shipping address. Must be 18 years or older and live in the USA to be qualified to win. Please allow 6-12 weeks for delivery. The winner is required to post photo of their winnings on Instagram tagging @face2facerealty in the photo and using the hashtag #F2FRealty. If you have any questions or concerns please send all inquiries to Marketing@FaceToFaceRealty.com