– Q: Are no doc or no document loans available with no money down? A: No doc loans have always required a down payment of at least 10%. If you need a no money down loan, then you will have to qualify for the mortgage using your tax returns and income.
how do you get a mortgage with bad credit tax credit buying a house Repaying the First-time homebuyer tax Credit – The first-time homebuyer tax credit ended in 2010, at least for most taxpayers, but it still applies to those who purchased homes in 2008, 2009, or 2010. Taxpayers who took the credit on their federal income tax returns in 2008 are obligated to repay the tax credit over 15 years beginning with their 2010 tax returns.Can I Pay My Mortgage With a Credit Card? Experts Weigh In – Whether your funds are tight or you’re all about those credit card rewards points, you’ve probably wondered: "Can I pay my mortgage with a credit card?" The short. mortgage rates Have a Bad Credit.
How to Get a Mortgage With No Down Payment | U.S. News – · A zero down payment mortgage is not a good idea in a declining market. If you make no down payment and your home’s value goes down, you will be underwater (you’ll owe more on your home than it is worth in the current market).